The Coast Guard Chief Petty Officers Foundation, Inc. (CGCPOF) Board of Directors (BOD) is responsible for administration and grant approval for the FRED MANN’S FAMILY LUCKY BAG FUND (Fund).
The CG-CPO Foundation President will notify the BOD of a funding request within seven business days of receipt. Upon receiving the request, the BOD will deliberate and provide notice of approval / disapproval within five business days. The President will inform the Applicant of the BOD’s decision immediately via email.
Disbursements shall normally be granted up to $200 per request. The minimum and maximum dollar amount disbursed, and the number of grants provided by the Fund per calendar year shall be determined by the funds available in the Fund
The CG-CPO Foundation Treasurer will provide a report to the BOD regarding the Fund’s activities each fiscal year.