Acquittal of Grants
- Funds will be available to successful applicants/organisations (Recipients) from mid-January, provided all requirements of the Grant Application and Terms and Conditions have been met.
- If the applicant requires an extension of the project period, an application must be made in writing to the Executive Director of CRF, within 60 days of the completion of the grant period, to request an extension by no more than twelve months.
- Within 60 days of the conclusion of the project, applicants are required to forward an Acquittal of Grant Report to CRF:
- A one-page summary, in layman’s terms, on the key outcomes achieved. These outcomes may be published as a media release.
- A signed reconciliation statement verifying expenditure of grant monies received.
- A list of publications, clearly identifying whether (a) published, (b) in press, (c) submitted for publication or (d) in preparation, unpublished papers and conference presentations arising from this research project, acknowledging the support of The Channel 7 Children’s Research Foundation of SA Inc.
- As they become available, conference abstracts, published papers etc, arising from the research supported by this grant must be forwarded to CRF.
- The applicant (Organisation) may also be asked to appear in the media to describe the research work. Note: Any media release of information regarding the research findings must be forwarded to the Executive Director of CRF first, so that Channel 7 Adelaide is given first option to release the story.
- Funding of future research projects will depend on the receipt of satisfactory acquittal reports.
- If there are any outstanding reports or unused funds to be returned from a previous grant, these must be finalised prior to making an application for the current funding round. Failure to do so may make the applicant ineligible for future funding.
- Successful applicants may be required to license to CRF any intellectual property rights arising from the funded project. These terms will be negotiated and agreed between the Foundation and successful applicants on a case-by-case basis at the time each applicant is notified that their application has been successful.
- Successful applicants may also be required to pay royalties to CRF on revenue received by the applicant as a result of the funded project. These terms will be negotiated and agreed between CRF and successful applicants on a case-by-case basis at the time each applicant is notified that their application has been successful. If no royalties are specified at that time, the Recipient will negotiate in good faith with CRF to agree a royalty rate (which rate will be determined by assessment of the respective contributions made by CRF and the Recipient to the research, development and commercialisation of the Research Project Outcomes) which the Recipient will pay to CRF in the manner and on terms to be agreed between the parties, on the GST-exclusive revenue the Recipient receives in relation to any commercialisation of any part of the Research Project Outcomes.