Moving from single year to multi year grants
We are currently considering implementing multi-year grants. We need some advice on how best to implement a multi-year grant program and would be curious to hear from other organizations how they made the transition. If anyone has an implementation strategy they could share it would be greatly appreciated. Specifically did you set up a seperate process? Did your committee decide to grant for multi-year when reviewing applications? How many years? Really curious about the logistics of moving to multi-year. In theory we are on board, just need a strategy. Thanks in Advance!
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Following….having conversations now about how to restructure and deepen impact of our granting.
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We've seen folks do this primarily in one of two ways, either with separate processes/applications for each year or with one award broken into the separate years using installments. As you continue to dive into the logistics of this, reach out to our Support team with any questions. There are some technical considerations (especially if your site is integrated for payments!) that we can help you sort through. There are a few features within GLM (copy feature, custom fields, etc) that can aid in the administration of these types of grants.
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