By reading this particular volume in The Intermediary Development Series, intermediary organizations will know the key concepts and elements required to manage Federal grants effectively, including: achieving proposed program goals; receiving and disbursing Federal funds; complying with reporting requirements; and writing continuation applications. This guidebook will help organizations answer these key questions: What are the responsibilities of being a grant recipient? How do we ensure compliance with the grant agreement? What is the process for receiving and distributing Federal funds? What are the reporting requirements? (Administrative, Financial, Audit) How are grant funds requested and received? What is the process for budget changes? What are the most frequent causes of noncompliance? What are the remedies/penalties for noncompliance? What is the process for continuation funding? What is required for grant closeout? (Author abstract, modified).