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HomeMy WebLinkAboutexhibit1BEXHIBIT B THE HEART OF OUR PARKS ENDOWMENT FUND CRITERIA 1) Grant recipients shall be either the: a. Parks Department, or b. Organizations. 2) Disbursement of the Income shall be limited to: a. Purchase of park recreational equipment for the Parks; or b. Direct operations of park recreational programs in and for the Parks; or c. gifts designated by Additional Donors for placement and use in the Parks or Parks Department. 3) Disbursements of the Income shall not be used for: a. Park Maintenance, b. City's or Organization's administrative expenses, c. Park facility maintenance, or General operational expenses that are not related to the Park programming being funded.