The third element, or domain, in our Federal Grant Readiness Assessment addresses your organization’s policies, systems and controls. Within this domain are seven indicators to examine: Policies and procedures Personnel time keeping The accounting system Internal controls Purchasing or procurement Property management and Staff training Download the complete grant readiness assessment.
We’re one-third of the way through the year. How is 2021 treating you so far?
On the five-point scale in our grant readiness assessment, organizations exceptional (5) at emergency/disaster planning have: Twelve (12) months of cash reserves to maintain full operations during an emergency. Access to an emergency line of credit. Business interruption insurance and pandemic insurance. A contingency plan for remote work during an emergency. Technology and infrastructure to […]
On the five-point scale in our grant readiness assessment, organizations exceptional (5) at sustainability: Sustainability planning as a key element of the organization’s new program development process. The CEO/Executive Director identifies funds that could be used to sustain new programs; and New programs are not launched if there isn’t a reasonable expectation they can be […]
On the five-point scale in our grant readiness assessment, organizations exceptional (5) with the annual audit: Had an annual audit by an independent CPA for a minimum of five years with no material findings. Exceptional (5) professional development includes: Paid time off for employees to attend training related to their positions; and Employees are cross-trained […]
On the five-point scale in our grant readiness assessment, organizations exceptional (5) at program management: Program managers have at least five years experience applying for private and public grants AND successful experience managing grant-funded projects in accordance with funders’ requirements and all applicable federal, state and local laws and regulations. Exceptional (5) grant development includes: […]