- (a) The Adjutant General has designated the Arkansas National Guard Foundation (the foundation), a nonprofit organization organized under the laws of the State of Arkansas and recognized by the Internal Revenue Service as a tax-exempt organization in accordance with 26 U.S.C § 501(c)(3) of the Internal Revenue Code, to serve as the agent for administration of the Military Family Relief Trust Fund.
(b) The foundation will:
- (1) Receive grants from the Department of the Military in accordance with the department’s annual budget appropriation; and
(2) Distribute those funds in accordance with:
- (A) Arkansas Code §§ 19-5-1127 and 26-51-2506; and
- (B) Any additional guidance that the Adjutant General may issue from time to time.
(c) The foundation will develop and publish procedures for:
- (1) Accepting grant requests;
- (2) Evaluating them in accordance with statutory guidance; and
- (3) Making grants consistent with that guidance.
- (d) If the foundation denies a grant, there shall be a right of appeal in accordance with guidance below.
- (e) The foundation will maintain records of all grant requests and their decisions on those requests.
(f) The foundation will:
- (1) Supply the department with a copy of their annual audit; and
- (2) Make their records of grants from the Military Family Relief Trust Fund available for review to the department.