Financial Administration Manual

810 - Grants and Grants-in-kind

Search Financial Administration Manual

Effective: April 1, 2016
Section: Funding Arrangements
Administrator: Office of the Comptroller General
Applicability: GNWT Departments and Public Agencies

POLICY

Funding may be provided through grants, or grants-in-kind, to a person, Public Agency, non-government organization or other third parties under the following conditions:

  • The purpose for which funding is to be provided is consistent with the mandate of the funding body;
  • The value of a grant-in-kind is properly recorded; 
  • Funding is providing in accordance with a written agreement that complies with terms or criteria established by the Comptroller General.

PURPOSE

To provide funding in order to further the recipient’s objectives by assisting with the recipient’s costs. There is no requirement to maintain financial accountability; however, the organization may be required to report on results or product for program evaluation purposes.

SCOPE

This policy applies to all funding provided via a grant or grant-in-kind where the funder does not require financial accountability by the recipient. This policy does not apply to transfer payments from one level of government to another level of government.

RESPONSIBILITIES

Deputy Head

Responsible for the application of appropriate terms, conditions, formula and criteria including any required reporting of the grant or grant-in-kind by the recipient in accordance with the intended outcomes.

Comptroller General

May approve Interpretation Bulletins associated with this policy.

Financial Management Board

May issue a directive respecting the financial management or financial administration of a Public Agency.

AUTHORITIES and REFERENCES

  • Financial Administration Act (FAA)
    • s. 7 – Duties: Board
    • s. 10 – Board Directives
    • s. 13 – Minister of Finance
    • s. 57, 58 –  Collection
    • s. 65 – Information in public accounts
    • s. 73 – Appropriation Transfers
    • s. 74 – Report on transfer of funds
  • CPA Canada Handbook – Accounting
  • CPA Canada Public Sector Accounting Handbook
  • Excise Tax Act (Canada)

INTERPRETATION BULLETINS