Vidion Statement Flashcards
Vision statement
What an organization can and should become in the future
Vet
To evaluate an organization’s fiscal and program strengths and weaknesses; individual
Unallowable costs-
Expenses not allowed as DIRECT OR INDIRECT EXPENSES SPECIFIED BY THE GRANTOR (I.E,LOBBYING,BAD DEBT expense, PENalties, AND SOMETIMES TRAVEL, )
Rubric/METRIC
SCORING /MEASURING SYSTEM PRIMARILY USED IN EVALUATION PROGRAM
RFP
REQUEST FOR PROPOSAL ISSUED BY GRANT-MAKER
REPORT OR FINAL REPORT
THE GRANTEE DELIVERABLE/EVALUATION AFTER SPENDING GRANT
Reasonable cost
IN NATURE AND AMOUNT, WHAT A PRUDENT PERSON WOULD EXPECT TO SPEND;CUSTOMARY AND ORDINARY; IN ACCORDANCE WITH ACCEPTABLE,SOUND PRACTICES
QUANTITATIVE RESEARCH
Evaluating information in numerical OR OBJECTIVE FORM OF AN ORGANIZATION AND ITS CONSTITUENTS
QUALITATIVE RESEARCH
EVALUATING INFORMATION ABOUT ORGANIZATIONAL ATTITUDES AND BEHAVIORS
PUBLIC SECTOR
GOVERNMENTAL ACTIVITIES
PROGRAM OFFICER
Grant maker STAFF ASSIGNED TO MONITOR OR OVERSEE PROGRAM; MAY ANSWER PRE-AWARD QUESTIONS; OFTEN REVIEWS PROPOSALS AND MAKES FUNDING RECOMMENDATIONS
PRO BONO
WORK PERFORM WITHOUT CHARGE BY A PROFESSIONAL
PRIMARY INVESTIGATOR (PI)
PERSON IN CHARGE OF RESEARCH PROGRAM
OUTCOME
What the client WILL BE CAPABLE OF ACHIEVING /KNOWING AFTER THE OBJECTIVES ARE MET
NONPROFIT ORGANIZATION
STATE ORGANIZED CORPORATION CREATED FOR PURPOSE OTHER THAN PROFIT AND GOVERNED BY A VOLUNTARY BOARD; NO STOCK; IF DISSOLVED, ITS ASSETS MUST BE DISTRIBUTED
NOFA
ABBREVIATION FOR “NOTICE OF FUNDING AVAILABILITY”; PUBLISH IN FEDERAL REGISTER
NEEDS ASSESSMENT
STUDY OF SITUATION TO DETERMINE ACTIVITIES REQUIRED TO ADDRESS THE PROBLEM
MATCHING FUNDS -COST SHARING
FUNDING PROVIDED BY GRANTEE OR THIRD PARTY WHICH CONTRIBUTES TO THE PROGRAM OR PROJECT (MAY BE CASH OR NON CASH )
LOGIC MODEL
DIAGRAMS HOW AN ORGANIZATION ACCOMPLISHES ITS WORK; REVEALS ASSUMPTIONS MADE, PROGRAM ACTIVITIES,OUTPUTS AND OUTCOMES DERIVED FROM THE PROGRAM
LETTER OF SUPPORT
WRITTEN BY ANOTHER PERSON/ORGANIZATION,PLEDGING SUPPORT OF THE APPLICANT
LETTER OF INQUIRY
INITIAL, BRIEF LETTER WRITTEN SEEKING PERMISSION TO SUBMIT FULL PROPOSAL
LEAD AGENCY
ORGANIZATION THAT APPLIES FOR AND RECEIVES GRANT; ALSO CALLED FISCAL AGENT; OTHER AGENCIES ARE CALLED COLLABORATORS OR SUBCONTRACTORS
INDIRECT COSTS
COSTS INCURRED BY ORGANIZATIONS TO SUPPORT IT; (ADMIN,FUNDRAISING, OVERHEAD )
IN-KIND CONTRIBUTION
DONATIONS OTHER THAN CASH
IMPUTE
ASSIGN A DOLLAR VALUE TO A NON-CASH TRANSACTION (I.E, SERVICE VOLUNTEER)
GRANTSMANSHIP
ACT OR SKILL OF WRITING PROPOSALS TO OBTAIN GRANT FUNDING
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
Funding cycle
TIME BETWEEN FUND AVAILABILITY AND WHEN FUNDS SHOULD BE EXPANDED
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
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
FINANCIAL STATEMENT
PRESENTATION OF FINANCIAL INFORMATION, which INCLUDES THE BALANCE SHEET, IMCOME STATEMENT AND STATEMENT OF CASH FLOWS. (SOME FOUNDATIONS REQUIRE AN AUDIT)
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
DETERMINATION LETTER
An OFFICIAL IRS NOTICE DOCUMENTS A NONPROFIT’S TAX EXEMPT STATUS
DESIGNATED GIFT/GRANT
RESTRICTED GRANT/GIFT USE SPECIFIED BY THE DONOR
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
DEMOGRAPHICS
SCIENCE OF THE CHARACTERISTICS OF A POPULATION
COVER LETTER
SALUTATION LETTER WHICH GENERALLY ACCOMPANIES A PROPOSAL
COST-BENEFIT ANALYSIS
Process to determine effectiveness off objectives, based on COSTS
CONCEPT PAPER
ABBREVIATED FORM OF PROPOSAL; USUALLY ONLY 1 TO 2 pages (SEE LETTER OF INQUIRY)
COMPETITIVE GRANT
DISCRETIONARY AWARD THAT BASED ON AN OPEN COMPETITION
COMMITMENT LETTER
INDICATES WHAT ONE PARTY WILL PROVIDE AND RECEIVE DURING GRANT PERIOD
CAPACITY BUILDING
INCREASING THE SCOPE OR REACH OF THE ORGANIZATION OR PROGRAM
BRICKS AND MORTER
Expression for CAPITAL FUNDS USED FOR CONSTRUCTION OR MAJOR RENOVATION
AWARD LETTER
LETTER FROM GRANTOR TO GRANTEE COMMITTING GRANT FUNDS
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
990-
IRS INFORMATION TAX FORM FOR NONPROFITS ORGANIZATIONS ( $50,000 REVENUE/ANNUAL)
501 (C) 3
IRS CODE SECTION EXEMPTING NONPROFITS FROM FEDERAL TAX; ALLOWS TAX DEDUCTIBLE GIFTS
