In the same way the federal grants have a lifecycle, organizations have their own grant lifecycle—and it closely tracks the federal model. First, the pre-award phase when you assess your readiness to apply for federal funds, then actually go for it by submitting a proposal. Next, the post-award phase where you get to work and implement your grant. After that, the closeout phase when you wrap up the grant with the funding agency, prepare your records for storage and spend time on reflection: what worked well, what didn’t work, what can be done better next time—issues like that. And, finally, what I call the “what’s next?” phase. This is the time to think about the next problem your organization wants to address—not just sustaining or expanding the programs you currently have but looking down the road at how you can advance your organization’s mission and expand your reach or your impact.