 Grant
Management
LKM guides the foundation in developing its grantmaking strategies, policies
and processes to further its philanthropic goals, increase the effectiveness
of its giving and assure maximum impact of grant dollars.
Defining Grantmaking Priorities and Strategies
Translating the foundation's goals, values and unique strengths into
priorities and grantmaking strategies that enable the foundation to focus
on its areas of interest with the greatest impact.
Developing Grant Guidelines and Funding Opportunities
Developing and issuing guidelines and/or requests for proposals. Determining
program areas, geographic limitations, size and duration of grants. Working
with grantees to develop projects of interest to donors.
Proposal Assessment
Receiving and assessing grant proposals and other funding requests. Working
with the board to establish the criteria and processes by which proposals
are selected for formal consideration by the foundation. Preparation of
dockets and summaries to facilitate the board's decision-making.
Grantee Relations and Due Diligence
Communication with grant-seekers and screening of proposals. Qualification
of grant-seekers and conduct of due diligence including site visits, budget
and financial analysis, and community research.
International Philanthropy
For foundations with an interest in international philanthropy, LKM facilitates
grantee due diligence and equivalency determination, implements expenditure
responsibility and project monitoring, and facilitates the transfer of
funds.
Structuring and Implementing Grant Agreements
Negotiation and implementation of grant agreements including scope of
project, time period, progress payment milestones, reporting requirements
and measurement of outcomes.
Evaluation
Evaluation of funded projects to determine how well the foundation’s
and grantee’s goals were met, assess of the impact of project and
make recommendations for future support.
Multi-Funder Collaboratives and Donor Circles
Design, coordination and management of multi-foundation collaboratives
and donor circles to develop initiatives that advance shared funding priorities
to leverage funds and create greater impact.
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