Consider Action on a Resolution to Approve a Grant Funding Agreement Between the Town of Addison and Outcry Theatre, Inc. and Authorize the City Manager to Execute the Grant Funding Agreement in an Amount Not to Exceed $2,500.

Town Staff has developed a grant funding process that allows non-profit organizations within the Town of Addison to submit a request of funds for their organization that directly enhances the Town. The Town Staff and appointed Council Member Liaisons evaluate all applications individually. Town Staff reviews all applicable financials of the non-profit organizations and verifies the organization is in good standing with both the IRS and Texas Secretary of State. To clearly reflect the impact of the grant to Addison and non-Addison residents, Quarterly Grant Reports are required by all non-profit organizations through the end of the Town's Fiscal Year. The Quarterly Grant Reports contain the non-profit organization’s goals, objectives and performance measures as identified in the Grant Uses section of the agreement. Financial statements may or may not be required, but Town Staff can request them at any time.

Outcry Theatre. Inc. submitted an application to the Town requesting $10,000 for Fiscal Year 2021. During the Council Budget Work Session on August 5, 2020, Council discussed grant funding allocations for multiple non-profits included in the Fiscal Year 2021 budget. During the discussion about Outcry Theatre, Inc., Council directed Staff to grant Outcry Theatre, Inc. $2,500. The Town has reviewed and evaluated the application and determined that the non-profit organization’s request outlined in the application is for a public purpose that directly enhances the Town of Addison.

The Outcry Theatre, Inc. grant funding agreement is included as Exhibit A within the attached resolution.

Administration recommends approval.