19 Oct Above All Else, You Must Be Honest By AGS Staff
Do you remember the first time you wrote a report for a funder and had to explain away an undesirable outcome (or more)? Picture it: coffee on drip. Report questions pulled, outcomes and program-related questions sent to program staff. Me, a rookie grant professional at the time, ready to tackle the report…or so I thought. And then I got the email: one of the program’s stated outcomes fell significantly short of the goal. As in, the targeted outcome was 80%, but the actual outcome was 40%. *Insert appropriate amounts of rookie-level panic here, then breathe.*12 Oct Let’s Go Shopping! Ethics in Procurement, Part I by Whitney Gray, MA, GPC
We live in a world where, as consumers, we can purchase literally anything with a quick search and a few clicks. The rise of online shopping and next-day delivery has made it easier than ever to go on a shopping splurge without seriously weighing the costs and benefits of the newest gadget or the impact it will have on our personal finances. When a grant is awarded to an organization, the program staff may enthusiastically load up their online shopping carts with everything outlined in the grant budget. There is certainly a time and place for efficient procurement of approved supplies and services. In fact, federal law requires grantees minimize the time elapsing between the receipt of grant funds and the payment for allowable expenditures (2 CFR 200.305(b)). It is important for program staff to quickly implement the grant award, and typically, this means doing a little shopping.04 Oct What If You Have Too Much of a Good Thing? by AGS Staff
It’s normal and often encouraged to seek multiple funding opportunities for a single program, often referred to as braided funding (see Braiding Funds without Getting Tied Up In Knots – Approaching Budgets with Pre-Award and Post-Award In Mind by Julie Alsup, GPC). You might even request more funds than you need to run a program with the expectation that one or more proposals will fall through. As nonprofit organizations that belong to and are supported by the public, we should always be looking for new funding streams in case an existing source should dry up. But what if you ask for more than you need, and all the funders decide you shall receive?
21 Sep GPC and Youth Development – What’s Youth Got to Do with It? by Tracey Diefenbach, GPC
Posted at 21:19h
in Competency Three, Professional Development, Program Design, Program Development, Tracey Diefenbach, GPC
As a grant professional and GPC holder who has spent the majority of my career in youth development, I cannot help but consider how earning my GPC has shaped my ability to impact this sector. Sure, having a GPC raises ethical standards and increases knowledge and skill sets in key areas like research, project design, and writing to improve quality and efficiency, but what about a deeper level of impact? I truly believe having a GPC can significantly advance a grant professional’s ability to drive meaningful change, not only within their organizations but also within their broader sector. I have experienced this firsthand in my work with youth-serving organizations.
08 Sep Managing Relationships In A Time of Distance by Tracey Diefenbach, GPC
Lately, I have been thinking a lot about relationships. Perhaps it is all the talk of social distancing, self-quarantine, and isolation. As a seasoned grant professional working at my home office for more than ten years, I can honestly say this is the first time I have ever felt “alone.” One might wonder how I could feel lonely with my new “co-workers”; my once-quiet office is now interrupted by two kids, markers, paint, notepads, and maybe even yesterday’s fruit snacks stuck to my desk (don’t judge)! But I desperately miss face-to-face meetings with clients, board and committee meetings, and live trainings that provide valuable in-person adult time to connect and build or strengthen relationships.31 Aug Clarify Your Financial Situation with a Braided Funding Template by AGS Staff
Every grant proposal requires some type of budget. Unfortunately, some of us tend to put off this component for as long as we can. However, it should really be the starting point. When we write a proposal, it should be for the purpose of filling a gap in our budget, not just to get money for money’s sake. In a previous blog, Julie Alsup introduced the idea of braided funding. Here, let's walk you through the nuts and bolt of implementing this useful concept.23 Aug Braiding Funds Without Getting Tied up in Knots – Approaching budgets with pre-award and post-award in mind by Julie Alsup, GPC
Posted at 07:00h
in Budgets, Competency Five, Competency Four, Grant Reporting, Grants Management, Julie Alsup, GPC
Braided funding, supplanting, and leveraged funds are important concepts to understand for the purposes of effective grant planning (pre-award) and for successful grant management (post-award).
Put simply, braided funding refers to the concept of using multiple funding streams to support the expenses of an organization, program, or project. Having more than one funding stream helps to minimize risk should one funding stream dry up. In addition, having one or more confirmed revenue source helps build confidence among other potential funders.