|
Finances |
| Balance
Sheet |
A financial
document that shows an organization's financial condition (assets,
liabilities and net worth) on a particular day. |
| Fiscal
Agent |
A nonprofit
organization that will legally hold money for a group that does not
have 501(c)(3) status. |
| Statement
of Activities |
A financial
document listing an organization's income, expenses and changes in
net assets for a specific period of time. |
| Statement
of Functional Expenses |
A financial
document that divides expenses by management and
administration, fundraising and program costs. |
Statement
of Income
and Expense |
See statement
of activities. |
Proposal Narrative |
| Activity |
The specific
step(s) taken within each objective that meets your goal. For the
drinking and driving organization example (see Goal),
one activity for your media campaign objective may be to write
editorials to the local newspaper. |
| Goal |
The overall,
broad purpose(s) of a project or organization. For example, if your
organization works to end drinking and driving, one of your goals
may be to raise public awareness of the dangers of drinking and
driving. |
| Objective |
The way(s) in
w hich you will meet your goal(s). For the drinking and driving
organization example (see Goal), one objective
to meet your goal of raising public awareness may be to conduct a
media campaign. |
Types of Grants |
| Capital
Grant |
A grant that
is generally for endowment, building, equipment or construction. |
| Endowment
Grant |
A grant to be
invested in perpetuity for ongoing operations of an organization. |
| General
Operating Grant |
An
unrestricted grant for the everyday operations of an organization. |
| Program/Project
Grant |
A grant that
is generally for a specific activity or plan within the overall
organization, usually time-limited. |
| Start-Up
Grant |
A grant to
cover the costs of starting a new project or organization. |
| Technical
Assistance Grant |
A grant to
support a nonprofit's organizational development or infrastructure
needs. |
