Vidion Statement Flashcards

1
Q

Vision statement

A

What an organization can and should become in the future

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2
Q

Vet

A

To evaluate an organization’s fiscal and program strengths and weaknesses; individual

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3
Q

Unallowable costs-

A

Expenses not allowed as DIRECT OR INDIRECT EXPENSES SPECIFIED BY THE GRANTOR (I.E,LOBBYING,BAD DEBT expense, PENalties, AND SOMETIMES TRAVEL, )

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4
Q

Rubric/METRIC

A

SCORING /MEASURING SYSTEM PRIMARILY USED IN EVALUATION PROGRAM

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5
Q

RFP

A

REQUEST FOR PROPOSAL ISSUED BY GRANT-MAKER

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6
Q

REPORT OR FINAL REPORT

A

THE GRANTEE DELIVERABLE/EVALUATION AFTER SPENDING GRANT

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7
Q

Reasonable cost

A

IN NATURE AND AMOUNT, WHAT A PRUDENT PERSON WOULD EXPECT TO SPEND;CUSTOMARY AND ORDINARY; IN ACCORDANCE WITH ACCEPTABLE,SOUND PRACTICES

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8
Q

QUANTITATIVE RESEARCH

A

Evaluating information in numerical OR OBJECTIVE FORM OF AN ORGANIZATION AND ITS CONSTITUENTS

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9
Q

QUALITATIVE RESEARCH

A

EVALUATING INFORMATION ABOUT ORGANIZATIONAL ATTITUDES AND BEHAVIORS

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10
Q

PUBLIC SECTOR

A

GOVERNMENTAL ACTIVITIES

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11
Q

PROGRAM OFFICER

A

Grant maker STAFF ASSIGNED TO MONITOR OR OVERSEE PROGRAM; MAY ANSWER PRE-AWARD QUESTIONS; OFTEN REVIEWS PROPOSALS AND MAKES FUNDING RECOMMENDATIONS

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12
Q

PRO BONO

A

WORK PERFORM WITHOUT CHARGE BY A PROFESSIONAL

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13
Q

PRIMARY INVESTIGATOR (PI)

A

PERSON IN CHARGE OF RESEARCH PROGRAM

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14
Q

OUTCOME

A

What the client WILL BE CAPABLE OF ACHIEVING /KNOWING AFTER THE OBJECTIVES ARE MET

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15
Q

NONPROFIT ORGANIZATION

A

STATE ORGANIZED CORPORATION CREATED FOR PURPOSE OTHER THAN PROFIT AND GOVERNED BY A VOLUNTARY BOARD; NO STOCK; IF DISSOLVED, ITS ASSETS MUST BE DISTRIBUTED

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16
Q

NOFA

A

ABBREVIATION FOR “NOTICE OF FUNDING AVAILABILITY”; PUBLISH IN FEDERAL REGISTER

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17
Q

NEEDS ASSESSMENT

A

STUDY OF SITUATION TO DETERMINE ACTIVITIES REQUIRED TO ADDRESS THE PROBLEM

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18
Q

MATCHING FUNDS -COST SHARING

A

FUNDING PROVIDED BY GRANTEE OR THIRD PARTY WHICH CONTRIBUTES TO THE PROGRAM OR PROJECT (MAY BE CASH OR NON CASH )

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19
Q

LOGIC MODEL

A

DIAGRAMS HOW AN ORGANIZATION ACCOMPLISHES ITS WORK; REVEALS ASSUMPTIONS MADE, PROGRAM ACTIVITIES,OUTPUTS AND OUTCOMES DERIVED FROM THE PROGRAM

20
Q

LETTER OF SUPPORT

A

WRITTEN BY ANOTHER PERSON/ORGANIZATION,PLEDGING SUPPORT OF THE APPLICANT

21
Q

LETTER OF INQUIRY

A

INITIAL, BRIEF LETTER WRITTEN SEEKING PERMISSION TO SUBMIT FULL PROPOSAL

22
Q

LEAD AGENCY

A

ORGANIZATION THAT APPLIES FOR AND RECEIVES GRANT; ALSO CALLED FISCAL AGENT; OTHER AGENCIES ARE CALLED COLLABORATORS OR SUBCONTRACTORS

23
Q

INDIRECT COSTS

A

COSTS INCURRED BY ORGANIZATIONS TO SUPPORT IT; (ADMIN,FUNDRAISING, OVERHEAD )

24
Q

IN-KIND CONTRIBUTION

A

DONATIONS OTHER THAN CASH

25
IMPUTE
ASSIGN A DOLLAR VALUE TO A NON-CASH TRANSACTION (I.E, SERVICE VOLUNTEER)
26
GRANTSMANSHIP
ACT OR SKILL OF WRITING PROPOSALS TO OBTAIN GRANT FUNDING
27
GRANT
FINANCIAL DONATION WHICH IS A LEGAL CONTRACT BETWEEN GRANTOR AND GRANTEE wHERE BY THE GRANTEE CARRIES OUT THE PROPOSED ACTIVITIES WITHIN A SPECIFIC TIME PERIOD
28
Funding cycle
TIME BETWEEN FUND AVAILABILITY AND WHEN FUNDS SHOULD BE EXPANDED
29
FOUNDATION
LEGAL ENTITY CREATED FROM DONATED FUNDS WHICH ARE THEN AVAILABLE FOR DISTRIBUTION AS GRANTS TO NONPROFITS ORGANIZATIONS OR INDIVIDUALS; CONTRIBUTIONS MADE ARE TAX DEDUCTIBLE; donor organizations MUST PAYOUT 5% OF LADT YEAR’S ASSETS DURING THE YEAR
30
FÓRMULA GRANT
ALLOCATION OF GOVERNMENTAL GRANT WHICH IS DETERMINED BY A FORMULA AND THEN DISTRIBUTED BY THE FEDERAL GOVERNMENT THROUGH A STATE OR LOCAL GOVERNMENT AGENCY
31
FINANCIAL STATEMENT
PRESENTATION OF FINANCIAL INFORMATION, which INCLUDES THE BALANCE SHEET, IMCOME STATEMENT AND STATEMENT OF CASH FLOWS. (SOME FOUNDATIONS REQUIRE AN AUDIT)
32
ENDOWMENT
PERMANENTLY RESTRICTED ASSETS; THE ORIGINAL GIFT/PRINCIPLE MAY NOT BE SPENT; ONLY THE INCOME DERIVED FRM THE INVESTMENT MAY BE USED AS DIRECTED BY GIFT AGREEMENT
33
DETERMINATION LETTER
An OFFICIAL IRS NOTICE DOCUMENTS A NONPROFIT’S TAX EXEMPT STATUS
34
DESIGNATED GIFT/GRANT
RESTRICTED GRANT/GIFT USE SPECIFIED BY THE DONOR
35
DEMONSTRATION GRANT
MODEL OR PILOT GRANT TO TEST A NEW PROGRAM; EFFECTIVENESS IS DOCUMENTED AND A MODEL DOCUMENT IS WRITTEN AS A GUIDE TO REPLICATE THE PROGRAM
36
DEMOGRAPHICS
SCIENCE OF THE CHARACTERISTICS OF A POPULATION
37
COVER LETTER
SALUTATION LETTER WHICH GENERALLY ACCOMPANIES A PROPOSAL
38
COST-BENEFIT ANALYSIS
Process to determine effectiveness off objectives, based on COSTS
39
CONCEPT PAPER
ABBREVIATED FORM OF PROPOSAL; USUALLY ONLY 1 TO 2 pages (SEE LETTER OF INQUIRY)
40
COMPETITIVE GRANT
DISCRETIONARY AWARD THAT BASED ON AN OPEN COMPETITION
41
COMMITMENT LETTER
INDICATES WHAT ONE PARTY WILL PROVIDE AND RECEIVE DURING GRANT PERIOD
42
CAPACITY BUILDING
INCREASING THE SCOPE OR REACH OF THE ORGANIZATION OR PROGRAM
43
BRICKS AND MORTER
Expression for CAPITAL FUNDS USED FOR CONSTRUCTION OR MAJOR RENOVATION
44
AWARD LETTER
LETTER FROM GRANTOR TO GRANTEE COMMITTING GRANT FUNDS
45
ASSETS
CASH, STOCKS, REAL RSTATE, EQUIPMENT, VEHICLES AND FURNITURE WHICH MAY BELONG TO A go-PROFIT OR NONPROFIT AND APPEARS ON BALANCE SHEET OF UTS FINANCIAL STATEMENTS
46
990-
IRS INFORMATION TAX FORM FOR NONPROFITS ORGANIZATIONS ( $50,000 REVENUE/ANNUAL)
47
501 (C) 3
IRS CODE SECTION EXEMPTING NONPROFITS FROM FEDERAL TAX; ALLOWS TAX DEDUCTIBLE GIFTS