To carry out its assigned functions, the board is authorized, but not limited to:

1. (A) assess the critical needs for:

   1. (1) child abuse and neglect prevention, and
   2. (2) special needs children in state custody whose plan is adoption, and in cooperation with state agencies, establish priorities, and develop goals and objectives for the trust fund;
2. (B) receive gifts, bequests, and devises for deposit and investment into the trust fund and to award grants to private nonprofit organizations and state agencies that meet certain qualifications;
3. (C) invest trust fund monies;
4. (D) solicit proposals for programs which will be aimed at meeting identified child abuse and neglect prevention needs or assisting in the adoption of special needs children in state custody;
5. (E) provide technical assistance to private, nonprofit organizations, when requested, in preparing proposals for submission to the trust fund;

6. (F) establish criteria for awarding of grants for child abuse and neglect prevention or to assist in the adoption of special needs children in state custody which shall include the consideration of at least:

   1. (1) the priority of the service need that the proposal addresses;
   2. (2) the quality and soundness of the proposal and its probable effectiveness in accomplishing its objectives;
   3. (3) a cost-benefit analysis of the project;
   4. (4) the degree of community support for the proposal;
   5. (5) the utilization of local resources including volunteers, when appropriate, and matching or in-kind contributions which may be, but are not required;
   6. (6) the qualifications of employees to be hired under the grant;
   7. (7) the experience of the proposed project administrators in providing on- going accountability for the program.
7. (G) enter into contracts for the awarding of grants to private, nonprofit organizations for child abuse and neglect prevention or to assist in the adoption of special needs children in state custody.