Common Terminology
This topic contains an alphabetical list of terms that are common in the Grant Lifecycle Management subsystem, and a definition for each one.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
American Recovery and Reinvestment Act of 2009 (also called “the Recovery Act” and “Stimulus bill”). This was the package of legislation passed by the US Congress and signed by the Obama Administration in February 2009 to release additional funds to aid in economic recovery.
Dun & Bradstreet – the company that maintains and assigns DUNS numbers.
Data Universal Numbering System number is a unique nine-digit identification number provided by Dun & Bradstreet (D&B).
A grant is a promise of money from one entity (the “grantor” or “funding agency”) to a Recipient.
Grant ApplicantGrant Applicant
The Grant Applicant is the individual or organizational unit that applies and potentially receives grant funds from an external source, that is, federal, state, or local government entities or agencies, or internal funds.
The Grant ID field is the unique identifier for the application and any associated status (for example, award, amendment, and close-out). The Grant ID is assigned/identified at the time of application creation and is consistent throughout the lifecycle of the specific grant. The Grant ID also distinguishes the multiple applications that may occur against a single opportunity.
The Grant Manager is responsible for coordinating grant applications and tracking grants through the grant lifecycle.
Grant Opportunity IDGrant Opportunity ID
The Grant Opportunity ID is the unique identifier to track a specific RFP or funding opportunity. The Grant Opportunity ID can be associated with zero or many applications.
The Grant Status represents a particular stage of the grant lifecycle (that is, Opportunity, Notification, Response, Application, Award, Amendment, or Close-out / Audit).
The Grantor is an agency or department that awards grant funds to individuals and entities, either as the original grantor or as a pass-through entity.
Office of Management and Budget. The executive organization that is responsible for collecting ARRA information.
Project ManagerProject Manager
The Project Manager is an individual or organizational unit that oversees the projects funded by the awarded Grant.
The state, county, city, or university that receives award funds from the Federal government. The “recipient” has primary reporting responsibility for the award.
An entity who will receive funds from the award, paid by the Recipient. Non-Profits, Contractors, and other Governments could be sub-recipients. In addition, an Advantage Financial site could be both a Recipient as well as a Sub-Recipient of grants funds.
