Acceptance of a Society grant entails an obligation to use the funds in pursuit of the specified project. If the project cannot be carried out, the funds must be returned. Recipients are required to submit a progress report after six months and a detailed written report, illustrated where appropriate, within three months of completion of the project. The Society undertakes no obligation to publish any report. It is assumed that grant funds will normally be expended within 12 months of their award.
Grants are normally non-renewable.