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IIJA Explainer: Leveraging Available Funds

AmpliFund

Signed into law in 2021, this legislation funds infrastructure projects through 2026. Funds have been distributed at the expected pace with competitive grants taking longer than formula or direct spending. Best Practices for Successful Award Management With increased funding comes increased challenges.

Funding 104
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3 Ways Grant Management Software Supports Compliance

AmpliFund

In wrapping up our latest webinar series , I shared insights into how a grant management system, specifically, AmpliFund, plays a vital role in supporting compliance. Imagine this: You’re trying to find an important form for one of your awards. As you know, how you perform in audits will directly affect the funding you receive.

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Choosing the Right Path: ERP + GMS

AmpliFund

Unfortunately, w hile ERP systems offer a broad range of functionalities to manage various aspects of business operations, their grant management capabilities are not robust enough to enable most organizations to properly manage grant funding. So how does an ERP benefit grants management ?

Amplifund 108
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Your Cheat Sheet to Better Grant Budgeting & Financial Reporting

AmpliFund

When it comes to reporting requirements and financial management, I touched on the impact of Uniform Guidance, agency guidance, and the specific award documentation. Then consider how your budget and plans impact each stage of your grant lifecycle—and how each phase impacts your budget and plans.

Budget 103
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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.

Award 56
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Five Grant Recipient Monitoring Best Practices

AmpliFund

Monitoring your organization’s grant recipients is crucial for accurately measuring outcomes and making informed decisions for future funding. This can lead to incomplete or unreliable information on outcomes and impact, which hinders your organization's ability to assess the effectiveness of funded projects and make data-driven decisions.

Grants 94
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3 Ways to Improve Your Chances of Winning Federal Infrastructure Funding

AmpliFund

Right now, communities across the country are benefitting from the unprecedented $1 trillion in funding created by the Infrastructure Investment and Jobs Act (IIJA). While there are a lot of federal funds available, many organizations don’t have the capacity or the resources to do the necessary prep work involved in applying for IIJA funding.