Dear Grant Partners,
The Opportunity Now Program Team encourages you to review this Fiscal Lead Roles and Responsibilities document, which captures the role Fiscal Leads play throughout the grant term cycle. We highly recommend sharing this link with your program’s Fiscal Lead point of contact.
Key Takeaways
Fiscal Leads are responsible for:
- Any reporting associated with the grant funds: A Fiscal Lead is a single legal eligible entity that has the legal responsibility, authority for, and control of the use of any grant funds; is responsible for any reporting associated with the grant funds; and is able to exercise in fact and law direction, control, and supervision of the proposed project and the grant funds.
- Signing the Grant Agreement with the State: The Fiscal Lead is the entity contracting with the State, and as such, the Fiscal Lead will be responsible for signing the Grant Agreement with the State.
Note: When the Lead Applicant and Fiscal Lead are separate entities, the Lead Applicant is a subrecipient of the Fiscal Lead, even though the Lead Applicant is responsible for program direction and execution. Please review the full document on fiscal lead roles and responsibilities here.
If you have any questions, please feel free to email [email protected].