Memo: Report Reqs for Grants

I. SpecOps Roundtable

Ideas

This memo outlines the minimum transparency requirements that pledged approved projects need to comply with. These requirements are designed to ensure that all stakeholders have a clear understanding of the project's progress, spending, and outcomes. The reporting requirements focus on the initiative, goal, spend, partner, transaction, and recommendations/feedback.

1. Initiative: Projects must provide a clear description of the initiative, including its purpose, objectives, and expected outcomes. This should include a detailed explanation of the problem the initiative is addressing, the approach being used to address the problem, and the expected impact of the initiative.

2. Goal: Projects must clearly define their goals. This includes both short-term and long-term goals, as well as any key performance indicators (KPIs) that will be used to measure progress towards these goals.

3. Spend: Projects must provide a detailed breakdown of their spending. This should include a list of all expenses, the amount spent on each expense, and a justification for each expense. Projects should also provide a forecast of future spending.

4. Partner: Projects must provide information about any partners involved in the initiative. This includes the name of the partner, the role of the partner in the initiative, and any contributions made by the partner.

5. Transaction: Projects must provide a record of all transactions related to the initiative. This includes the hash, date of the transaction, the amount of the transaction, the purpose of the transaction, and the parties involved in the transaction.

6. Recommendations/Feedback: Projects must provide recommendations and feedback based on their experiences with the initiative. This should include any lessons learned, suggestions for improvement, and feedback from stakeholders.

Projects should submit their reports on a regular basis, as determined by the project agreement. The reports should be submitted in a format that is easy to understand and includes all necessary information. Projects should also be prepared to provide additional information or clarification upon request.

Transparency in project reporting is crucial for ensuring accountability and building trust among stakeholders. By adhering to these minimum reporting requirements, projects can provide stakeholders with a clear understanding of their progress, spending, and outcomes. This will not only enhance the credibility of the projects but also contribute to the overall success of the initiative.