WEEK 33 WHAT ARE SOME FINANCIAL BEST PRACTICES WITH GRANT FUNDS?
 
  1. Follow your spending plan to distribute and use grant funds for the stated purpose in a timely manner.
  2. Make project-related expenditures by check or other traceable method.
  3. If payments are made electronically by one person, maintain a paper trail showing that the payment was approved by both signatories.
  4. Maintain detailed receipts and record each transaction in a ledger. The ledger should list each transaction, noting the date, amount, and reason for the transaction.
  5. Make sure to share the information so grants run smoothly and funds are secure!
THANK YOU FOR MAKING OUR GRANT OVERSIGHT TOP NOTCH!