147A.325 Certification of qualified community foundation, county-specific component, or affiliate community foundation -- Commission to maintain and publish list of certified entities -- Biennial revi

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Page 1 of 1 147A.325 Certification of qualified community foundation, county-specific component, or affiliate community foundation -- Commission to maintain and <br>publish list of certified entities -- Biennial review -- Administrative regulations. (1) In order to receive grants from the fund under KRS 147A.320, a qualified community foundation, county-specific component fund, or affiliate community <br>foundation shall substantially comply with the national standards for community <br>foundations established by the National Council on Foundations, and be certified by <br>the commission. The commission may charge a nonrefundable administrative fee to <br>cover the costs associated with the certification process, not to exceed one thousand <br>dollars (&#36;1,000) per certification application. (2) The commission shall: (a) Maintain a current list of all qualified community foundations, county-specific component funds, and affiliate community foundations which are certified. <br>This list shall be: <br>1. Published on a Web site which is accessible to the general public; and 2. Provided to the Department for Local Government and the Department <br>of Revenue; and (b) Perform a biennial review of each qualified community foundation, county-specific component fund, and affiliate community foundation which has been <br>certified to ensure that it remains in compliance with all requirements <br>mandated by this section or by administrative regulation. (3) The commission may promulgate administrative regulations in accordance with KRS Chapter 13A to administer this section. Effective: July 15, 2010 <br>History: Created 2010 Ky. Acts ch. 71, sec. 6, effective July 15, 2010. <br>Legislative Research Commission Note (7/15/2010). A reference to the &quot;Governor's Office for Local Development&quot; in subsection (2) of this section, as created by 2010 <br>Ky. Acts ch. 71, sec. 6, has been changed in codification to the &quot;Department for <br>Local Government&quot; to reflect the renaming of that agency in Executive Order 2009-<br>540, which was confirmed by the General Assembly in 2010 Ky. Acts ch. 117. This <br>change was made by the Reviser of Statutes pursuant to 2010 Ky. Acts ch. 117, <br>sec. 90.