§ 147.650. Grant.
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/us/cfr/t13/s§ 147.650·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Grant means an award of financial assistance that, consistent with 31 U.S.C. 6304, is used to enter into a relationship---
(a)The principal purpose of which is to transfer a thing of value to the recipient to carry out a public purpose of support or stimulation authorized by a law of the United States, rather than to acquire property or services for the Federal Government's direct benefit or use; and
(b)In which substantial involvement is not expected between the Federal agency and the recipient when carrying out the activity contemplated by the award.
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U.S. Code