What Every Prospective GCC Grantee Should Know
Agencies must be a unit of government or a non-profit corporation.
GCC operates on a reimbursement basis, so agencies must have sufficient operating funds in place to cover a minimum of 60 days.
Most GCC funding sources require an agency match which must be used to support the project and must supplement funds that would otherwise be made available for the stated program purpose. Cash match is required for the majority of grants – only a few funding sources will allow in-kind match. Items identified as in-kind match must be listed in the detailed grant budget.
Grantees are to abide by certain Equal Employment Opportunity and civil rights requirements that are applicable to recipients of federal funds.
Grantees will be required to submit monthly financial statements (cost reports) along with supporting documentation in order to be reimbursed.
Periodic programmatic reports will be required from all grantees – the frequency will depend upon the specifications of the particular funding source. In addition, program evaluations will be required.
In addition to the reports submitted to GCC, non-profit grantees must file annual financial and program performance reports to the N.C. State Auditor's Office through the Grants Information Center (GIC).
Assessments will be made on non-profit agencies without a history of GCC funding to determine if policies and procedures (i.e. accounting, internal controls, personnel, etc.) are adequate to manage federal or state grant funds.
For non-profit start-up projects, funding restrictions may be imposed, cash match and/or pass-through a governmental agency may be required.
Site visits will be made to some agencies during the life of the funded project.
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