GrantSolutions Partners had another fantastic year, investing more than $80B in thousands of grant recipient organizations across the United States and around the world.
Award processing times differ throughout GrantSolutions depending on Partner and award type. 58% of Processing time takes place between Application receipt and Funding Memo Creation, while Award Creation to Award Issuance comes in second at 17%. the average number of days to issue an award over the last 4 years significantly decreases from 96 days in FY 2016 to 64 days this year.
The number of Award Actions processed per month is still the largest at the end of the fiscal year reaching 6,096 actions in September 2019.
