Iowa Admin. Code r. 221-13.3

Current through Register Vol. 47, No. 5, September 4, 2024
Rule 221-13.3 - Definitions

The following definitions shall apply when used in this chapter unless otherwise noted:

"Application" means an of ficial cultural trust grant application form as provided by the department.

"Arts or ganization" means an eligible or ganization with the arts as its primary mission and purpose. The or ganization must operate as an arts or ganization, including but not limited to an art museum, performing arts-producing or ganization, or community arts agency.

"Boar d" means the board of trustees of the Iowa cultural trust, as provided in Iowa Code section 303A.5.

"Cash match" means funds that are locally contributed for a cultural trust grant project. Matching funds shall be provided by the eligible applicant and shall not include any portion of another department of cultural af fairs, Iowa arts council, or state historical society of Iowa grant.

"Cultural or ganization" means an eligible or ganization with culture, the sciences or humanities as its primary mission and purpose. The or ganization must operate as a cultural or ganization, including but not limited to a cultural center , civic arts-presenting venue, botanical center , science museum, children' s museum, arboretum, or zoo. "Department" means the Iowa department of cultural af fairs (DCA).

"Dir ector" means the director of the department of cultural af fairs or the director ' s designee.

"Endowment" means a collection of funds, typically invested in long-term assets that produce income for an or ganization. Generally , the endowed asset is kept intact, and a portion of the income generated by it is used by the or ganization for operational costs.

"Grantee" means any applicant receiving grant funds under a cultural trust grant program.

"Grant review panel" means a group of at least three individuals with knowledge of cultural or ganizations, nonprofit best practices, and strategic planning who review grant applications according to the published criteria, with the responsibility to make funding recommendations to the board.

"Historical or ganization" means an eligible or ganization with history as its primary mission and purpose. The or ganization must operate as an historical or ganization, including but not limited to an historical museum, interpretive center , historical society , historical library or archival repository.

"Trust fund cr edits" means moneys raised by Iowa nonprofit arts, cultural and historical or ganizations to increase the amount of their endowments and other resources, as reported to the department.

Iowa Admin. Code r. 221-13.3

ARC 8087B , IAB 8/26/09, ef fective 9/30/09