When It Comes to Grant Spending-Who’s Watching the Store?
Call me a #grantnerd, but I love sharing “lessons learned” grant spending stories! In a past case study, I wrote of the major areas of non-compliance revealed by the Department of Justice when over $20 million dollars of grant spending earmarked for mentoring at-risk youth through Big Brothers/Big Sisters (BBBS) of Philadelphia did not get documented […]
3 Tips: Don’t Get Blindsided by Program Income
Today we’re looking at three tips, so you aren’t blindsided by program income related to conference registration fees when managing your Federal grants. We’ve dug into the grant management “mailbag” for some common problems encountered in the “real-world” by “real-life” grant managers, just like you! A grant manager writes: Question: “Where Do We Put Revenue […]
$7 Million Repayment Blues: City Readies Payback for Lack of Grant Management
A few years back I wrote a case study about mismanaged federal grant funds from a highly critical audit report criticizing a lack of grant management. The Baltimore Brew reported that the City of Baltimore was preparing to repay nearly $7 million in federal funding from a $9.5 million federal award earmarked to serve the […]
3 Surprising Reasons for More Grant Management Tools
We asked about grant management tools and boy, did we get an earful! (We conducted a short survey so we could better understand the needs of the grant management community.) Your responses confirmed the trend we are seeing across the grant profession and training industry. The most pressing need is for more grant management tools, not […]
How Safe is Your Grant from Fraud?
Effective grant management includes preventing, monitoring, and detecting circumstances that set the stage for grant fraud to take place. 3 Key Elements for Grant Fraud In order for fraud to occur three key elements are always in place: #1: Opportunity (Can I get away with it?) #2: Motivation (Do I want it?) #3: Rationalization (Do […]
Grant Management: Theft of Grant Funds
Unthinkable? The direct theft of grant funds? If you read the headlines, you know that misuse and theft of federal grant funds happen with frightening regularity. We believe that most organizations do not intend to misuse funds and put processes into place to avoid the risk of unintentional misuse of funds. But what should you […]