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The NGMA provides the Certified Grants Management Specialist (CGMS) certification program that requires candidates to fulfill specific educational and experiential prerequisites. The certification exam assesses the candidate's knowledge of grants management across a vast range of topics. [citation needed]
This type of grant allows for the decentralization of fund distribution and administration. For charitable grants and funds for schools and organizations see: Grant writing and Grants. There are over 900 grant programs offered by the 26 federal grant-making agencies. These programs fall into 20 categories:
Grant writing is the practice of completing an application process for a financial grant, which are often provided by governments, corporations, foundations, and trusts. [1] The skill of grant writing is known as grantsmanship. [2] Grants are often written for charitable causes, research, and artistic projects. [3]
In 1993, the Research Administrators Certification Council (RACC) was founded as a private non-profit organization. [5] Active CRAs sit on the council and have the role of certifying that an individual possesses adequate knowledge for serving as a professional research administrator of sponsored programs, particularly federally-funded research grants and contracts.
A funding opportunity announcement (FOA) is a notice in Grants.gov of a U.S. federal grant funding opportunity. Funding opportunity announcements can be found at Grants.gov/FIND and this website lets organizations apply for grants for over 1,000 grant programs from 26 federal agencies.
For each of 23 federal agencies, the position of chief financial officer was created. Since that time, federal efforts have been intended to improve the government's financial management and develop standards of financial performance and disclosure. Similar financial expectations exist at state and local government levels.
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