Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 45 - Public Welfare |
Subtitle B - Regulations Relating to Public Welfare |
Chapter XI - National Foundation on the Arts and the Humanities |
SubChapter E - Institute of Museum and Library Services |
Part 1186 - GOVERNMENTWIDE REQUIREMENTS FOR DRUG-FREE WORKPLACE (FINANCIAL ASSISTANCE) |
Subpart F - Definitions |
§ 1186.650 - Grant.
Latest version.
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Grant means an award of financial assistance that, consistent with 31 U.S.C. 6304, is used to enter into a relationship—(a) The principal purpose of which is to transfer a thing of value to the recipient to carry out a public purpose of support or stimulation authorized by a law of the United States, rather than to acquire property or services for the Federal Government's direct benefit or use; and
(b) In which substantial involvement is not expected between the Federal agency and the recipient when carrying out the activity contemplated by the award.