The Creation Granting Program allows a group or collective to hold up to $30,000 grants in a group leader's personal bank account. However, if funds are larger than $30,000 and the group is unincorporated (i.e. not a registered charity, non-profit or organization), they will need to find an incorporated organization to support by trusting the grant.
A trustee holds the grant funding for the grassroots or collective group, assumes the financial responsibility for managing the funds, and ensures that the project deliverables are completed. In addition, the trustee may choose to take a small admin fee for holding the responsibilities outlined above*. A grassroots or collective that is receiving less than $30,000 in funding may also choose to have a trustee if that is the better approach for their group/project.
* Please include trustee admin fees in your budget proposal. These fees are an eligible expense (Creation will pay them)