The following terms apply in addition to the eligibility criteria outlined in the Request for Applications. All awardees are required to comply with these conditions.
The recipient institution must provide documentation confirming tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. A copy of the IRS determination letter must be submitted upon acceptance of award.
The recipient institution's Employer Identification Number (EIN) must be provided upon acceptance of award.
Funds may not be used for political activities, including participating in or intervening in any political campaign on behalf of or in opposition to any candidate for public office. Funds may not be used for lobbying, including any attempt to influence legislation.
Transactions constituting self-dealing between Critical Mass Ventures and disqualified persons (including substantial contributors, foundation managers and/or trustees, their family members, and entities they control) are strictly prohibited.