5 Internal Controls For Grants Management


credit:

The NonProfit Times features five internal controls for grants management. If there are well-defined internal controls in place, an organization is in a much stronger position to make the case that a grant award to your organization will be a good investment.

According to Barbara Floersch, chief of training and curriculum of The Grantsmanship Center in Los Angeles, CA, "Internal controls are safety-net procedures and protocols that support effective programming and accurate, ethical operations."

When assessing an organization's internal controls, Floersch recommends looking at the Standards for Internal Control in the Federal Government (www.gao.gov).

This document, also called as The Green Book, was produced for federal agencies but is a resource for any type of organization. The Green Book discusses and explains the five primary components of internal control.

The five components of internal control include: 1) The control environment; 2) Risk assessment; 3) Control activities; 4) Information and communication; and 5) Monitoring the system. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

How to Write a Theory of Change

Bridgespan tackles how a theory of change is a nonprofit's conceptual road map to impact. Bridgespan features how to write one that will help nonprofit leaders achieve their goals. According to...more

A Pioneering Mangrove Conservation Project in Madagascar

Madagascar communities launched the world's largest mangrove carbon conservation project, sequestering a huge amount of carbon and securing an ecosystem vital to fishery health. In partnership...more

Fostering Race Equity at Your Nonprofit

Equity in the Center, an organization that "works to shift mindsets, practices, and systems within the social sector to increase race equity," has released a very helpful guide titled Awake to Woke...more

Moving Beyond Theories of Change: A Framework for Strategic Implementation

A new Arabella Advisors report titled "Moving Beyond Theories of Change: A Framework for Strategic Implementation," builds upon the work of Senior Managing Director Gwen Walden and her 25 years of...more

Executive Team Effectiveness Toolkit

Bridgespan offers its Executive Team Effectiveness Toolkit to nonprofit organizations to help executive teams increase their overall effectiveness and move from good to great. According to...more

Why Upskilling Is Important For Society

PwC recently released a short documentary featuring business leaders, academics, NGOs, and policymakers why upskilling has become a priority for society, organizations, and governments. The...more

How Climate Change, Millennials and Tainted Donors are Impacting Philanthropy

In a Johnson Center's 2020 11 Trends in Philanthropy report, it analyzes upcoming and developing issues in the nonprofit industry. According to the report, millennials will make up more than half...more

Entrepreneurship in Nonprofits - Online Course

Future Learn is offering one of their courses, Entrepreneurship in Nonprofits, to help build the economic tools and knowledge needed to become a successful social entrepreneur. Topics that will...more

3 Ways to Increase Impact in the Social Sector

Misti Yang, Contributor for Lean Startup Co., features three social enterprise leaders in a webcast that addresses lean startup methodologies: Ann Mei Chang, executive director of Lean Impact, Amy...more

How to Get Better at Picking Creative Ideas

Justin M. Berg, assistant professor at Stanford University Graduate School of Business, investigates an understudied part of the creative process in a new paper that appears in Organizational...more







Social Entrepreneurship
Spotlight



Establishing a Social Enterprise Curriculum


Establishing a Social Enterprise Curriculum

Several British colleges and universities have embraced social entrepreneurship in their curriculum. Pathik Pathak at Southampton have introduced n interdisciplinary module in Social Enterprise, which is open to students of all year groups and across all disciplines.


Unable to select database


Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2020 Copyright Michael Saunders