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In our recent webinar, I detailed ways to improve grant budgeting and ease financial reporting. Key considerations for your budget planning process: Strong financial planning in the early grant stages sets the stage for successful program implementation and reporting. Photo by kanchanachitkhamma from Canva.
Implementing a strong set of internal controls is critical to effectively manage grants. The turnout for our recent webinar, Creating Buy- I n for System-Wide Internal Controls , made it very clear that grant managers know they need internal controls but may not have the support, resources, or know how to put them in place.
Funds have been distributed at the expected pace with competitive grants taking longer than formula or direct spending. Let’s take a look at both—how to access IIJA grant funds and how to manage your awards to maximize and demonstrate the impact of the IIJA funding. trillion into the nation’s infrastructure.
Over the past year, grant professionals have turned to our resources for guidance to deal with the challenges they face managing grants. Grant Management Centralization Guide Centralization is not just a best practice; it has become fundamental to keep programs in compliance and teams functioning efficiently.
Prioritize projects that have the potential to be sustained after the grant funding ends. Tip: If a lack of resources is frequently a roadblock for your organization, grants management software like AmpliFund helps create capacity for your team by streamlining your processes. Overwhelmed by the complexities of managing grants?
Grant programs across the country have an unprecedented opportunity to construct vital infrastructure for their communities with the $1 trillion in funding from the Infrastructure Investment and Jobs Act (IIJA). The IIJA has created and begun awarding new formula and competitive grants, and many existing grant programs will receive a boost.
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