Organizations need to handle funds wisely. This may include developing written policies and procedures, internal controls, and budget controls. Corporation grantees will also need to be familiar with documenting in-kind donations, time and activity reporting, generally accepted accounting principles (GAAP), Corporation regulations, and OMB circulars. Following are some of our most relevant resources related to this topic.

• Checklists for new AmeriCorps grantees; new staff of AmeriCorps programs; or new AmeriCorps subgrantees - Get up to speed quickly on what you need to do first and who you need to meet to start your new job or new AmeriCorps program.
• Federal Financial Report (FFR) - This new report replaces the FSR
• Program Income Frequently Asked Questions
• 2008 Financial and Grants Management Institute: Powerpoints and handouts
• Efficient and Effective Financial Management for AmeriCorps Programs - slides from a webinar

Online Courses

• Key Concepts of Financial Management (for CNCS Grantees)
• Preparing the Grant Budget for AmeriCorps Programs
• Preparing the Grant Budget for Senior Corps Programs

Effective Practices

• Implementing sound principles of grantee financial management
• Documenting in-kind contributions
• Recognizing common audit issues

Lending Library

• Bookkeeping Basics: What Every Nonprofit Bookkeeper Needs to Know
• Budget-Building Book for Nonprofits: Step-by-Step Guide for Managers and Boards
• Coping with Cutbacks: The Nonprofit Guide to Success When Times Are Tight

Related Websites

• Budget and Finance Resources from the Nonprofit FAQ
• Financial Management FAQ from the Alliance for Nonprofit Management
• Financial Management Links for Nonprofits from IKNOW