Grant Amendment

A Grant Amendment is a formal, written modification to the terms, conditions, or scope of an existing grant agreement between a funder and a recipient organization. Amendments may address changes in project timelines, budgets, deliverables, reporting requirements, or other critical components necessary to ensure the grant remains aligned with evolving circumstances or objectives. The amendment process typically requires mutual agreement and signatures from both parties, ensuring transparency and accurate record-keeping. Proper documentation of amendments is vital for compliance and future audits, as it demonstrates the organization’s commitment to accountability and effective fund management. Grant amendments play a crucial role in nonprofit operations, allowing flexibility while maintaining donor confidence and regulatory compliance.