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The 4 Cs of Grant Management

To manage grant awards effectively, you’ve got to know the rules. With private funders, the regulations and requirements can usually be adequately handled through good business and accounting practices.

But it’s different with government grants, especially federal grants. Uniform Guidance issued by the U.S. Office of Management and Budget (OMB), along with agency-specific and program-specific requirements, demand that someone within your organization develop an understanding of the rules and regulations.

Good Work Requires Strong Infrastructure

Almost every nonprofit wants grant funding. And why not? Grants are a great resource for powering your organization’s work forward, but the infrastructure to support grant acquisition and management is commonly neglected. Large nonprofits, hospitals, and educational institutions typically invest in infrastructure to support the grants process, but in small and mid-sized nonprofits, grants work is commonly catch-as-catch-can, with various staff members taking on roles that can be matched with their skills and squeezed into their workload.

Program Start-Up Demands

When you win a major grant award, a tsunami of demands roars in with the money and all too often your buoyant “we won” high sinks beneath the stress. Project start-up is tough, and careful management is critical. The first step in avoiding mistakes is to fully grasp the importance of this stage in the life of the grant. Experienced administrators know start-up is a make-it or break-it time. Here are a few tips for a full-throttle blast off to a successful grant-funded program.

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