Grant projects are a great way to explore new approaches and solutions. Also, to collaborate with other organizations to impact system change.
Values into Action has worked on many grant projects over the years. We’ve been awarded grants through the PA Developmental Disabilities Council, and NJ Council on Developmental Disabilities. As well as, in partnership with Temple University. These grants have allowed us to share information and resources across the service system. For example, we’ve led demonstration grants to expand knowledge and use of services to support self-direction. Currently, we are leading grants to help people make friends and direct their lives and services.
Tina Wilberforce, our Associate Director of Finance and Administration, explains how grants are managed to ensure accountability.
A grant is a term used to describe funds awarded to an organization that are non-repayable. Grant contracts always include two parties:
1. Grantor: person or organization awarding the funds
2. Grantee: person or organization receiving the funds
As Grantees, we are responsible for the financial management of these grants. We ensure the funds are allocated properly based on the contract provided by the Grantor. Grant contracts include budgets for expenses and positions involved in the grant project.
Grants are conditional. They usually last a specified amount of time. They also include grantee obligations and reporting requirements. These conditions can be different with every grant. In most grant contracts, the Grantee is required to provide a match. A match is an amount of money that the Grantee agrees to pay towards the grant. This amount is always outlined in the contract. A Grantee can also donate “in-kind” contributions as part of their match. An in-kind contribution is usually a service that is provided at a discounted rate or free of cost.
The Finance and Administration team works to track specific budget items listed in these grants. Our team closely tracks expenses and provides regular reporting to staff involved in grant management. This includes providing actual vs budgeted comparisons. Also, tracking organizational matches and in-kind contributions. Grantors rely on fiscal teams for timely reporting and to keep accurate accounting records.
Grants projects are important to our mission. They allow us to “be the change” that we seek. Want to learn more about some of our recent projects? Check out the links below: