Unwritten grant management rule #5. When you’re successful, they will look successful. The more successful their grantees are, the better they look to Congress. Your grantor-grantee relationship is a partnership. Work it! Your success is their success.
Unwritten grant management rule #4. Small problems: fix internally Big problems: notify the feds (inform them of the problem and, more importantly, tell them about your active corrective action plan). You want them to know you discovered the problem and that you’re already fixing it. First thing, decide what’s a big problem vs a small […]
Unwritten grant management rule #3. Returning money to the feds—because you either didn’t spend it or because you misspent it—makes the funding agency look bad to Congress and the administration. Nobody wants that. If you end up returning money prematurely, the agency can probably find another organization to utilize the funding but it’s a giant […]
Unwritten grant management rule #2. Again. This should be common sense. I’ve seen many cases where organizations are awarded millions of dollars, but at the end of their grant term, they’ve spent only a few hundred thousand and they’re scrambling to get a one-year extension to try and salvage something positive out of their program. […]
Unwritten grant management rule #1. This sounds like common sense but you would be surprised how many grantees decide to completely change their program once they receive funding. I’ve been in numerous meetings where the program manager says, “I know we said we’d do X but we’re going to do Y instead.” And my favorite […]
Before your grant ends, you have the option to extend it—for up to 12 months—beyond its original closing date. Federal grant program officers refer to extensions as “no cost extensions.” Don’t worry about the terminology. It simply means the awarding agency isn’t giving your project additional funding: whatever is in your grant account is what […]