Encyclopedia

Grant


Grant — for the purposes of this chapter, grants are considered to be monetary funds or other property if their transfer (receipt) meets the following conditions: grants are provided on a gratuitous and non-repayable basis by individuals, non-profit organizations, including foreign and international organizations and associations according to the list of such organizations approved by the Government of the Russian Federation; grants are provided for the implementation of specific programs in the fields of education, art, culture, environmental protection, as well as for conducting specific scientific research; grants are provided under conditions determined by the grantor, with an obligation to provide the grantor with a report on the targeted use of the grant1.

  1. Federal Law of May 29, 2002 No. 57-FZ, "On Amendments and Additions to Part Two of the Tax Code of the Russian Federation and Certain Legislative Acts of the Russian Federation" dated May 29, 2002, as amended on July 24, 2002, Article 1, subpara. 14 // RSZ RF. 2002. No. 22. Art. 2026. ↩

Laws with commentary

Codes and federal laws