GEOList Summary: Preparing Grantees to Receive Federal Stimulus Funds
Over the past year, GEO has been part of numerous conversations about the innovative ways our members are helping grantees weather the challenges of the current economy. One question that is surfaced in these conversations is how grantmakers can best support grantees who are receiving federal stimulus funds. Nonprofits across the country are preparing to receive large influxes of cash from the federal stimulus package, and in some extreme cases stimulus money exceeds nonprofits’ current total budget. While this influx of funding presents significant opportunities for furthering the causes we care about, it comes with significant challenges as well. We’re looking to hear from GEO members with grantees in this situation. Are you supporting nonprofits receiving stimulus funding? If so, how are you helping your grantees make the most of the stimulus package?
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