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How to Successfully Close Out an Award

AmpliFund

Award closeout is a vital part of the grant lifecycle. It’s when you gather all documentation you’ve created during the life of the award to be compliant with reporting requirements and ensure all expenditures are accounted for. Check out our Award Closeout Checklist.)  Other resources can help too.

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Five Grant Recipient Monitoring Best Practices

AmpliFund

Define Clear Objectives and Metrics Before awarding a grant, establish well-defined objectives and measurable outcomes. By setting specific, measurable, achievable, relevant, and time-bound (SMART) goals that are relevant to the award, both funders and recipients get a clear understanding of what the expectations are.

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In Case You Missed it: Our Top Grant Management Learning Resources of 2023

AmpliFund

This guide provides recommendations and resources for enhancing your organization’s risk assessment procedures—including a pre-award risk assessment template and a subrecipient monitoring risk assessment tool to use as a starting point. Sub-Recipient Monitoring Checklist It's critical to ensure that your subrecipients are in compliance.

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OMB’s 2023 Compliance Supplement: Updates & Changes

AmpliFund

It’s relevant to note that federal awarding agencies are encouraged to continue to focus grants management on both compliance and program performance. To learn more and assess the impact of each section on your organization, download our Updates and Changes Summary. It adds, deletes, and modifies prior Supplement sections.