Strategies for Effective Grant Management in Uncertain Times

March 26th, 2025 - March 26th, 2025 @ 11:00AM-12:00PM

Member Price $49
Non-Member Price $55
If you are a member, please login to activate member pricing.

Credits

1

Description

The current political and business environment is uncertain, particularly for organizations who rely on federal grant funding.  This course will provide insights and practical advice for nonprofit accountants and their financial and accounting advisors.

Objectives

Provide accounting and financial professionals working for/with grant-funded organizations with an understanding of the current environment and ways to navigate in order to maintain the health of the organization.

Major Subjects

Strategies for Effective Grants Management during these Times of Uncertainty

  1. Funding Continuity Planning

a.      Develop contingency plans to maintain operations during funding pauses.

b.      Identify alternative funding sources and bridge financing solutions.

c.      Create cash flow strategies to sustain critical activities.

  1. Compliance & Program Management Support

a.      Ensure compliance with federal grant regulations during the pause.

b.      Review allowable activities and expenditures to avoid audit risks.

c.      Offer program modification strategies to minimize disruptions.

  1. Crisis Budgeting & Financial Analysis

a.      Conduct financial impact analyses to assess and manage risks.

b.      Create lean operating budgets to optimize limited resources.

c.      Identify cost-saving measures while preserving program integrity.

  1. Strategic Workforce Management

a.      Offer guidance on staff retention or temporary adjustments during the pause.

b.      Develop compliance-friendly furlough and reassignment plans.

c.      Prepare plans to scale operations up when funding resumes.

  1. Risk Mitigation & Scenario Planning

a.      Conduct risk assessments to identify vulnerabilities.

b.      Develop scenario-based plans for extended delays or permanent funding cuts.

c.      Offer tools to document decisions and track risks.

  1. Training & Technical Assistance

a.      Provide webinars and workshops on managing federal grant pauses.

b.      Train staff on cost management and compliance strategies.

c.      Deliver tools to strengthen internal controls and documentation.

  1. Program Closeout Assistance (if necessary)

a.      Develop compliant closeout plans for paused or discontinued programs.

b.      Guide inventory, final reporting, and audit preparation processes.

c.      Provide documentation to position you for future funding opportunities

 


 

Prerequisites

None