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Frequently Asked Questions

What is the difference between the two Tobacco Trust Fund Commission grant types: Indirect Compensatory Program (ICP) and Qualified Agricultural Program (QAP)?

The Indirect Compensatory Program can indirectly compensate tobacco producers, allotment holders, individuals displaced from tobacco-related employment and persons engaged in tobacco-related businesses for economic losses resulting from lost quota and declining market conditions due to the MSA. Awards can be made to entities that serve groups of individuals who qualify for compensation. The Indirect Compensatory Program may also indirectly benefit persons adversely impacted by the MSA who need financial assistance to retool machinery or equipment or to retrain workers to convert to the production of alternative agricultural products. Applicants applying under this type of program must document economic losses attributed to the MSA which have occurred in calendar year 1998 and later.

Qualified Agricultural Program (QAP) projects can be submitted by any eligible entity and must support and foster the vitality and solvency of the tobacco-related segment of the State’s agricultural economy.

Who is eligible to submit applications under the Tobacco Trust Fund Commission grant program?
  • Non-profit 501 (c) (3) corporations
  • Other non-profit organizations or corporations
  • State or local governmental units
  • Federal governmental units
  • For-profit corporations or businesses
  • Appropriate private entities on behalf of individuals displaced by the MSA.
How are funds for awarded grants dispersed?

Funded projects must be placed under contract within six months of award. Payments can be made as reimbursement following receipts of expenditure reports or invoices documenting completed work items. A percentage of the awarded grant funds may be awarded in advance, contingent upon approval from the Commission. These funds must be placed in an interest-bearing account with any interest earned being returned to the Commission, unless the Commission decides otherwise.

Will the grants be audited?

All grant recipients are subject to a financial and compliance audit at the request of the Commission. Grant recipients must keep financial and other records on each project for a period of five years following project completion. In addition, grantees who are non-State entities must comply with the requirements of N.C. Gen. Stat. 143C-6-22 and 143C-6-23 and file annual audits in the form required by the State Auditor. For more information, please go to http://www.ncauditor.net

If you have any questions that were not answered above please feel free to contact us!

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