| Recommended Grant Oversight Procedures | ||||
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The National Grant Oversight Corp. (NGOC) provides governments, nonprofits, and corporations with grant oversight solutions that enhance transparency and accountability.
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Procedure 1: Grant Contract and Policy Evaluation Procedure 2: Correlating Organizational Capacity To Possible Results Procedure 3: Organizational Risk Assessment Procedure 4: Market Cost Comparison to Identify Efficiency and Productivity Procedure 5: Development and Implementation of Grant Oversight Best Practices Procedure 6: Detection and Monitoring of Opportunities for Fraud and Fund Misuse Procedure 7: Monthly Financial Reporting of Grant Expenditures Procedure 8: Site Visits and Compliance Reviews Procedure 9: Evaluation and Validation of Fund Expenditures that Eliminate Grant Misuse and Waste |
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| What is Grant Oversight
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Grant oversight is a process by which distributed funds are protected from waste, misuse, abuse and fraud. Grant Waste: The intangible outcome of inefficient and unproductive programs and services. Can results from issues with governance, training, management, processes, capacity, location, a lack of mission parsimony, and other elements that effect programs and services funded by the grantor. Grant Misuse: Results from the mishandling of grant funds by a grantee that intentionally or unintentionally circumvents policies, stipulations, rules, or regulations. Does not necessarily produce waste but is generally characterized as a grantor breaking the rules that govern how, when, where grant funds are spent. Grant Abuse: Characterized by the intentional exploitation of the grantor and distributed grant funds. Abuse normally includes some form of misuse and waste. Grant Fraud: The intentional use of grant funding for illegitimate reason primarily associated with personal gain. Includes elements of waste, misuse, and abuse. |
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The leadership at NGOC is committed to developing grant oversight systems that protect the interest of governments, nonprofits, and corporations. This is accomplished by engaging grant recipients with solutions that promote the four pillars of successful grant oversight: responsibility, efficiency, accountability, and Productivity. |
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| ENSURING ACCOUNTABILITY AND TRANSPARENCY THROUGH GRANT MANAGEMENT SOLUTIONS |