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Technical

The Life Cycle of a Grant: A Primer on Grants Management Logo aicpa

  NFP Section |   Free for NFP Section members |   AICPA |   2015 |   AICPA.org

For many NFPs, grants are a significant source of programmatic support. It takes significant time and effort to secure a grant, however, once a grant is awarded it is at risk of being lost in the shuffle. By establishing systems and controls prior to receiving a grant, an organization can reap the benefits of grants and minimize complications. This article describes the phases of a grant and provides guidance on streamlining a grants management system.

Topics covered:
  • Not-for-profit: Technical: Governance, Foundational

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