On the five-point scale in our grant readiness assessment, organizations exceptional (5) at board membership: Have the maximum number of members allowed by the organization’s by-laws. All officer positions are filled. Board members understand their individual, and collective, roles and responsibilities. Board members and staff have a shared understanding of their relative roles. Board members […]
On the five-point scale in our grant readiness assessment, organizations exceptional (5) with mission and vision: Have mission and vision statements. All board members share a common understanding of the mission and vision statements and where the organization wants to be in five to ten years. The vision is embedded within the organization’s culture; and […]
On the five-point scale in our grant readiness assessment, organizations exceptional (5) at planning: Have a strategic plan; an operational plan; a fund development plan and a leadership succession plan. The fund development plan limits the percentage of funding received from a single source. The board establishes an operating capital reserve policy. Have a planning […]
The first element, or domain, in our Federal Grant Readiness Assessment addresses organization governance. Within governance are five indicators to examine: Planning Mission and vision Board membership Board meetings and Board giving Download the complete grant readiness assessment here.
Federal grant readiness boils down to four key elements: governance; organizational capacity; policies, systems and controls; and the external environment. Each of these elements contain specific indicators that help measure organizational maturity. Over the next several weeks, we’ll break down the elements and indicators in detail to provide a deeper look at organizational readiness. Stay […]