Applicants will be informed promptly by letter of the Board's decision. Grants ordinarily commence on January 1, but later starting dates may be requested if the nature of the research makes this appropriate. Applications for continuation are also due on August 1 for a decision in December or on February 1 for a decision in June. Continued support for a project tentatively approved for longer than one year depends on a satisfactory report of progress, an accounting of funds expended during the previous year, and the submission of a budget for the coming year not exceeding that originally approved. This application must be submitted at the appropriate due date, approximately five months before the start of the next funding year.
Grantees are responsible for requesting the continuation form from the foundation's offices.
Taxation Regardless of whether the grant funds are paid to the grantee directly or are paid to an institution on behalf of the grantee, the grantee may be liable for some taxes on funds awarded, depending on locality, tax status, timing, nature of the award, etc. The foundation does not provide advice on tax matters. Applicants should consult their own tax advisors to determine the tax consequences to them of receiving a research grant. Grant recipients must submit written reports within six months after the end of the grant period. The report should include a discussion of the scientific and scholarly accomplishments achieved under the grant, and a detailed financial accounting of the funds in accordance with the approved budget must be submitted.