Financial Strategy

The Hidden Costs of Grant Funding: Navigating Financial Management Beyond The Award Letter

For nonprofit organizations, the moment of securing a grant can feel like a triumphant finish line has been crossed. The reality, however, is far from a simple victory lap. The journey of financial stewardship and management is just beginning, and it is fraught with hidden costs and complex challenges that, if not navigated carefully, can undermine the very success of …

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