Here are some clauses that could be included in a funding policy by an education NGO for releasing funds and monitoring the correct usage of funds by schools:
Eligibility criteria: Establish clear eligibility criteria that schools must meet to be considered for funding. These criteria may include factors such as the type of school, the location, and the level of need.
Funding priorities: Define the areas where funding is most needed, such as teacher training, classroom resources, or infrastructure improvements. This will ensure that the limited resources of the NGO are allocated where they can have the most significant impact.
Application process: Establish a clear and transparent application process that outlines the information required from schools to be considered for funding. This could include information such as the school’s budget, a description of the proposed project or program, and the expected outcomes.
Review committee: Establish a review committee consisting of education experts, community leaders, and representatives from the NGO. The committee will review funding applications and make recommendations for funding based on the established criteria and priorities.
Monitoring and evaluation: Establish a monitoring and evaluation process to assess the impact of the funding on schools and the outcomes achieved. This will help the NGO to determine the effectiveness of the funding and make adjustments to the funding policy as needed.
Reporting requirements: Require schools to provide regular reports on the use of the funding and the progress made towards achieving the expected outcomes. This will help the NGO to ensure that the funding is being used appropriately and effectively.
Accountability measures: Establish accountability measures to ensure that schools are using the funding appropriately. This may include regular site visits or audits to verify the use of funds.
Non-discrimination clause: Include a non-discrimination clause that prohibits schools from discriminating against students on the basis of race, gender, religion, or any other protected characteristic.
Termination clause: Include a termination clause that allows the NGO to terminate funding if the school fails to meet the established criteria or does not use the funding appropriately.
Public disclosure: Establish a policy for public disclosure of the funding policy and the allocation of funds. This will ensure transparency and accountability to the community and stakeholders.
