Funding Lifecycle for the SPELMAN AWARDS, GRANTS & GIFTS ECOSYSTEM (SAGGE)

The Funding Lifecycle for the Spelman Awards, Grants & Gifts Ecosystem illustrates the complete journey of securing and managing funding from the initial idea or solicitation through to award closure or renewal. This structured process ensures transparency, accountability, and strategic alignment across all phases of institutional funding activities. By following this lifecycle, stakeholders can efficiently identify opportunities, develop strong proposals, manage awarded funds responsibly, and sustain relationships that strengthen Spelman’s mission and impact over time.

 

Lifecycle diagram

 

1. Ask or Solicit

Identify potential donors, funders, or sponsors. Make the initial outreach to gauge interest and request support.

2. Search or Identify

Conduct research to find relevant funding opportunities, grants, and gifts that align with Spelman's priorities and programs.

3. Develop or Write

Create compelling proposals, applications, or concept notes tailored to each funding opportunity, ensuring all requirements are met.

4. Route or Submit

Internal review and approval of proposals, followed by submission to funders within deadlines.

5. Initiate Award

Officially accept the award, set up accounts, and communicate award terms to all stakeholders for proper execution.

6. Manage or Monitor

Track the use of funds, ensure compliance with reporting requirements, and monitor progress against project objectives.

The Research Concierge will guide the awardee or PI through the grantsmanship lifecycle, providing support and access to key resources along the way.

7. Report

Prepare and submit regular reports to funders, detailing financials, outcomes, and impact as per the award agreement.

8. Close-Out or Renegotiate or Reapply

Complete final reporting, close accounts, and evaluate outcomes. Consider renegotiating terms.