Field Grants are funds granted to a chapter, district, or region for a specific purpose beyond the national allocation funds from SCORE’s federal grant. Chapters apply for these funds once a fiscal year by submitting a proposal for the specific event or focus to field operations leadership. Please contact your district director for more information regarding availability.
Use of Funds:
These funds are restricted to be used only for expenses allowable for use of federal grant funds just like the National Allocation. In order for a bill or Form 14 expense report to use the field grant funds, it must be submitted with “Field Grant” either written on the bill/Form 14 and/or in the email submitting it to firstname.lastname@example.org for payment. Once the field grant fund is exhausted, all other “Field Grant” expenses will be paid from available funds in this order: National Allocation Budget, chapter restricted funds, and then chapter unrestricted funds. If an expense is considered unallowable for use of federal grant funds, it will be paid from chapter unrestricted funds. (Please see Chapter Accounting Policies and Procedures (CAPP) for more information regarding Restricted vs. Unrestricted Funds, Allowable and Unallowable expenses.
All standard SOA (Statement of Activity or Income Statement) reports in Sage Intacct include Field Grant expenses which is offset every month by “HQ revenue”. Traditionally field grant expenses are coded to department 5170, 5171, or 5172. For FY21, the reporting requirements are making it necessary for the field grant to use Department 5260 Inclusion and Diversity. If your chapter uses customized SOA reports, these do not reflect this new department. Please contact email@example.com to request for any customized reports to be updated. In Sage Intacct, a new dashboard is available to show the funds remaining in field grants as well as the I&D Field Grants. Please see the attached webinar for more information on Field Grants including where to find the Sage Intacct Chapter Dashboard with Field Grants.
March 23 Treasurer Tuesday – Field Grants Webinar Recording
March 23 Treasurer Tuesday – Field Grant Presentation Slides with Notes