Grant Risk Planning

 

At LN Brown Enterprises, we specialize in partnering with tax-exempt organizations, including nonprofits, public agencies, and educational institutions, to navigate the complexities of grant-funded projects successfully. Whether you're applying for your first federal grant or seeking funding from a specific agency, we're here to support you through the learning curve of grants management.

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Here’s what you can expect when you choose us as your advocate:

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Federal Grant Pre-Award Risk Assessment:

Applying for a federal grant can be daunting, and you might be uncertain about the expectations from the agency or whether it’s the right fit for you. Our pre-award risk assessment will help your organization make informed decisions about applying for a grant, understand potential challenges if awarded, and strategically plan your project and budget for successful delivery.

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• Complete a federal agency pre-award risk assessment questionnaire.

• Check prospective contractors and sub-awardees for necessary system registrations, eligibility, and any prior federal funding issues.

• Determine reporting needs and their complexities.

• Identify potential risk areas for effective project delivery and grant management.

• Recommend processes and activities to enhance your proposal for success.

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Post-Award Risk Assessment:

Once you receive your grant, the excitement of the award can quickly turn into concerns about fulfilling project requirements and meeting funder expectations. The Grant Plant will help you pinpoint areas where your project may experience delays, compliance challenges, or even risks of failure. Together, we’ll create plans to mitigate and manage these risks for high-stakes grants.

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• Review award terms, proposal commitments, funder policies, and regulatory requirements.

• Conduct preliminary risk identification in areas such as compliance, financial management, staffing, contracted entities, project activities, and grant tracking/reporting.

• Collaborate with your team to identify, detail, and prioritize risks using established risk management practices and tools.

• Produce a risk register to track and manage risks throughout the grant lifecycle.

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Let’s work together to ensure your grant projects are successful and sustainable!