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4 Ways Effective Grant Management Impacts Nonprofit Finances

DH Leonard Consulting & Grant Writing Services

Note from Diane: You know how passionate our team is about thinking about your grant management work (your post-award work) to help strengthen your grant applications (your pre-award) work. Its why we partner with MyFedTrainer.com to deliver grant writing supports and training on both the pre-award and post-award side of things.

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You Won the Grant—Now What? Mastering Post-Award Chaos Without Losing Sleep

Lightning Fast Grant Writing

Post-Award Pressure Is Real For experienced grant writers, post-award management can feel like the most overlooked and underestimated beast in the grant world. Step Two: Divide and Conquer Grant writers shouldnt have to do everything. The Bottom Line Winning the grant is just the beginning. Logic models.

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Questions to Ask If You Are Thinking About Moving to a New GMS

Blackbaud

When your grantmaking organization first started, you didn’t need a lot of functionality to manage your single program and a handful of grantees. Make sure you have the right people in the right roles to manage the switch. This should include input from all stakeholders, including database managers, program staff, and IT personnel.

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Understanding the Grant Lifecycle: Info for Nonprofits

Blackbaud

Many nonprofits rely heavily on grants to fund their missions, but successfully securing and managing grants requires a clear understanding of the grant lifecycle. Proper management ensures funds are allocated efficiently and projects deliver the intended impact. Optimize resource use.

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Beyond the Award: Why Every Grant Professional Needs Post-Award Management Skills

Grant Professionals Association

But often it is the effective post-award management of these funds that builds credibility with funders and creates systems for even further growth. In the grant profession, we often emphasize pre-award activities: identifying opportunities, crafting compelling narratives, and submitting competitive proposals.

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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

Effective financial management is critical for your nonprofit to grow and thrive long-term. One important but sometimes overlooked step in future planning is ensuring proper nonprofit financial management. According to Jitasa , most nonprofits start out using the cash accounting method to track their finances—i.e., Methodology.

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Grant Distribution Best Practices: 5 Tips for Funders

Blackbaud

Set a benchmark so any payments under that amount, such as $5,000, only need to be approved by the grants manager. Any payments over that amount need to be approved by the grants manager and a member of leadership. Establish tiered approvals for payments, just like you do for your expenses.