Top 7 Indicators You Need a Grant Management Solution

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Live Webinar:

Top 7 Indicators It’s Time For a Grant Management Solution

Webinar Start Time: 1:00 pm CT (2:00 pm ET)

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Today’s Presenter

Nick DenbyNet@Work Nonprofit Solutions Consulting Manager

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Webinar Details

Presentation is roughly 40 minutes All phone lines are muted If anyone has any questions during this webcast

– please type them in your question box located at the bottom of your webinar panel

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Solutions - Overview

ERP/Accounting System

Implementations

CRM System Implementations

HRMS/Employer System

Implementations

Web / MobileDevelopment & eCommerce

Nonprofit Solutions

Document Management/SharePoint

Business Intelligence, Analytics & Reporting

IT Infrastructure, Cloud & Managed Services

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Grant Management Best Practices

• Clarity of Mission

• Supplant / Supplement • Integration

• Specificity

• Early Preparation

• Education

• Tracking Progress

Successful Grant Process

Education &

Tracking

Integration &

Preparation

Clarity of Mission

Supplant, Supplement & Specificity

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Grant Management Best Practices

Clarity of Mission

• Ideally, target a grantor that focuses squarely on the program or service you need to fund.• Try to resist “mission creep”

Supplant vs Supplement• You cannot Supplant State/Local funding by using

Federal funds• Supplement: to build on or add• Supplant: replace or “take the place of”

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Grant Management Best Practices

Integration

• Build strong ties between your Accounting, Fundraising, Program and Stewardship teams

• Clarify each person’s role and responsibilities

Specificity

• Defining specific initiatives to fund• Adhering to strategic decisions and avoiding mission

creep

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Grant Management Best PracticesEarly Preparation

• Grantors typically have a very rigid process and timeline for prospective grantees to follow.

• Provide the comprehensive documentation and reporting typically required.

• Without a solid GMS in place,the process can be daunting and deadlines can be missed. Random

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Grant Management Best Practices

Education

• Many individuals involved in grant writing have no formal training and learn as they go.

• Continual education is critical though to becoming more effective and win more grants.• AFP: http://www.afpnet.org/• Grant Professionals Association:

http://grantprofessionals.org/

• When applying for a particular grant, it can be helpful to examine information on previous awards.

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Grant Management Best Practices

Tracking Progress- “What gets measured gets accomplished”• Initially, the grants process can be daunting; try to

incorporate success metrics to gauge your progress.

• What to measure? • Number and Type of Grant Applications• Win Rate• Funding Awarded• Utilization Rate

• You will notice over time, that some of your projects will be better suited for grant funding.

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Indicators You Need A GMS

1. Grant funding has been mishandled or under-utilized

2. You have trouble answering basic grant-related questions

3. Using Excel requires too much time to manage

4. Your organization is decentralized

5. Your organization lacks a go/no go process

6. You’re juggling more than a handful of grants per year

7. You want to use web-based GMS

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Indicators You Need A GMS

Bonus #8:

Retain Institutional Knowledge

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Abila Grant Management

Growing nonprofits can track and manage a grant’s lifecycle from a centralized location, plus:

• Collaborate as a team

• Stay organized - Roles and responsibilities can be assigned to team members

• Build relationships and add credibility with grantors

• Measure grant impact - program and grant scoreboards provide instant performance visibility

• Integrate with budgets

• Promote a secure environment

• Web based solution accessible anytime, anywhere

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The Complete Solution

FINANCE FUNDRAISING

Abila Fundraising Online

Abila MIP Fund Accounting

Abila Fundraising 50

Abila Grant Management

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Thank You For Attending!

For additional information, please contact:

Type your Question/Comment in the “Question” box

Questions?

Nick DenbyNet@Work Nonprofit Solutions Consulting [email protected]