OAR 141-141-0180: Agreements with Private, Nonprofit Organizations

(1) Under the direction of the OOST, the executive director of the OOST may enter into an agreement with a private, nonprofit organization under which the organization shall solicit gifts, grants and donations in support of the work of the trust. (2) The agreement may allow for the private, nonprofit organization to: (a) Distribute the funds received for an activity that advances the strategic priorities of the OOST, consistent with the policies and procedures established by the private, nonprofit organization, and the statutes, rules, policies and procedures under which OOST operates, or (b) Transfer the funds received to the OOST for deposit into the Oregon Ocean Science Fund to be used as provided for in ORS 196.567. (c) Acknowledge that the OOST may use a portion of the funds received to support the administrative costs of the OOST.