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Blog: Don’t Send Unspent Grant Money Back
Short thought piece from J.S. Griffin via NonProfit Pro. I’m thinking that the decision to keep unspent cash depends a good deal on the agreement with the donor, a point that the author doesn’t take up here —
nonprofitpro.com
Nonprofits: Don’t Send Unspent Grant Money Back
Nonprofit executives occasionally grapple with a dreaded dilemma: the need to send back grant funds because the organization didn't spend it within the designated budget cycle. Here, I will delve into the intricacies of this budgetary faux pas and offer … Continue reading
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1 Reply
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Spot on. The grant agreement is the real boss here. Based on my experience, some donors genuinely prefer unspent funds returned, while others allow reallocation with a polite chat. A fantastic one: clear communication upfront is often undervalued. Always check the fine print before celebrating.
