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What Is A memo of Understanding (MOU) and Why Should Your Foundation Have One With The Agency?

Wednesday, February 15, 2023 12:58 PM | Kevin Korenthal (Administrator)

A Memorandum of Understanding (MOU) can be an important tool for clarifying the roles and responsibilities of a nonprofit and a government agency, facilitating collaboration, ensuring compliance, and providing a legal basis for the partnership.

An MOU is a written agreement between two or more parties that outlines the roles, responsibilities, and expectations of each party. It can be used to formalize the relationship between a nonprofit and a government agency, and to ensure that both parties have a clear understanding of their respective responsibilities and obligations.

Having an MOU can help to:

Clarify Roles and Responsibilities: An MOU clearly outlines the roles and responsibilities of each party, reducing confusion and misunderstandings.

Facilitate Collaboration: An MOU can facilitate collaboration between a nonprofit and a government agency by establishing a clear framework for their partnership.

Ensure Compliance: An MOU can help ensure that both parties follow relevant laws, regulations, and policies.

Facilitate Resource Allocation: An MOU can help to ensure that resources are allocated and used effectively, by specifying how resources will be provided and used.

Provide a Legal Basis for the Partnership: An MOU can provide a legal basis for the partnership between a nonprofit and a government agency, which can be used in the event of disputes or misunderstandings.

In essence, an MOU between the park foundation and the agency sets both organizations up for a fruitful and mutually rewarding relationship that improves outcomes in park spaces and facilities.

Reach out to executive director, Kevin D. Korenthal, CAE to learn about the ways that the NAPF can help your foundation create an MOU with the governing park agency at execdir@the-napf.org.























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