Are you looking to add Awards Management to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Awards Management statistics of 2024.
My team and I scanned the entire web and collected all the most useful Awards Management stats on this page. You don’t need to check any other resource on the web for any Awards Management statistics. All are here only 🙂
How much of an impact will Awards Management have on your day-to-day? or the day-to-day of your business? Should you invest in Awards Management? We will answer all your Awards Management related questions here.
Please read the page carefully and don’t miss any word. 🙂
On this page, you’ll learn about the following:
Best Awards Management Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 49 Awards Management Statistics on this page 🙂Awards Management Software Statistics
- The two biggest challenges faced by those who use grant management software are integrations (75%) and learning curve (72%). [0]
- The two most common features/tools utilized in grant management software are document management (66%) and proposal creation (61%). [0]
- As a result, grant management software is expected to grow at just over 10% in the next five years. [1]
Awards Management Latest Statistics
- In 2019, the federal government distributed $721 billion to states and local governments, about 16% of the United States budget. [0]
- About 61% of those grants were for health care, 16% income security programs, 9% transportation, 9% education, 9% training, 9% employment, and 9% social services. [0]
- This makes up 29% of all awarded federal grants. [0]
- In 2019, the National Institute of Health received 54,903 research project grants and funded 11,035, for an acceptance rate of 20% ( Data Book). [0]
- Between 2008 and 2019, Federal grants to states rose by 42% even after adjusting for inflation. [0]
- In the same year, 92 percent of foundations were independent organizations, while 3% were corporate and 1% were community organizations. [0]
- In 2019, foundation giving increased to $75.7 billion, a 2.5% increase from 2018. [0]
- That accounted for 17% of total giving in the United States. [0]
- Charitable giving increased in many sectors in 2019, including education (12.1%), public society benefit (13.1%), arts, culture, and humanities (12.6%), and environment and animal organizations (11.3%). [0]
- About 20% of nonprofit income is derived from grants as of 2020. [0]
- As of 2020, only about 32% of foundations provide general operating support to their grantees. [0]
- Only 18% provide capacity building or organizational effectiveness grants to the majority of its grantees, while 29% of foundations say they provide any assistance beyond the grant itself. [0]
- A full 27 percent of donors say that technology has affected how they give to nonprofit organizations. [0]
- Individual donations accounted for 87% of all giving in 2016. [0]
- A rising number donors, 41%, say that grantmaker transparency is an important factor in where they decide to give. [0]
- In 2019 2020, 4,860 United States residents applied for a Fulbright Student Grant and 793 were accepted, for an acceptance rate of 18 percent. [0]
- The average award was $3,800 per student and 80% of students came from families with an annual income below $40,000 a year. [0]
- A grant writer applying for a combination of new and existing funders should have a success rate between 50 and 60%. [0]
- A grant writer applying for new grants should have a success rate of 30 to 40%. [0]
- A grant writer applying for existing grants should have a success rate of about 80%. [0]
- In 2019, 75% of grant seekers who submitted an application won an award, while 94% percent of grant seekers who submitted three to five grant applications received at least one award. [0]
- Of grant seekers who submitted six to ten grant applications, 98% received at least one award. [0]
- In 2019, 82% of grant seekers reported acquiring funding from private foundations and 39% reported that private foundations were their largest source of funding. [0]
- Another 37% reported that a private foundation was the source of their largest award. [0]
- Grant research, submission, and reporting took more than three days per grant for 40% grant seekers. [0]
- Making a plan for the grant application and writing the grant took more than five days for 40% of the same group. [0]
- The National Cancer Institute intends to commit an estimated total of $35 million for up to 5 awards in FY 2014. [2]
- Applicants are required to prepare applications according to the current PHS 398 application forms in accordance with the PHS 398 Application Guide. [2]
- In a study done byGrant Station, they report that 61% of all grant seekers relied on only one or two people in the grant writing and submission process. [1]
- Grant seekers and writers are primarily internal employees of the applicant organization (74%). [1]
- The assets account for just under 7% of all assets in the grantmaking sector. [1]
- There are over 86,000 grantmaking entities, with 92% represented by independent foundations. [1]
- Individual giving consistently amounts to 70% of the total, making it the highest charitable giving category year after year. [1]
- Foundations represented 17% of the total charitable giving in 2019. [1]
- Of those organizations that reported private foundations were their largest source of funding, 95% were nonprofits. [1]
- The Health sector represents over 60% of all federal grants to state and local governments. [1]
- The Department of Health & Human Services was the most significant federal grantmaking agency through awarding 29% of total grant funding. [1]
- Federal grants represent 40% of government funding sources, behind state government (47%). [1]
- In 2020, the success rate was 21%. [1]
- Corporations represent only 3% of grant funding. [1]
- Corporations represent 17% of non governmental grant funding. [1]
- The amount of funding from corporations increased in 2019 by 13.4%, resulting in $21.09 billion in funding. [1]
- More than 65% of corporate foundations offer matching grant opportunities. [1]
- The top 50 corporations represent only 2% of the total number of corporate giving foundations yet produce over 50% of total funding awards. [1]
- Corporations are watching and changing their giving strategies due to data showing that over 60% of millennials and generation Z want to work for companies with high corporate social responsibility awareness. [1]
- “The selection committee was impressed that he is a Fellow of the American Statistical Association, which is an honor awarded to less than 1 percent of the association’s thousands of members. [3]
I know you want to use Awards Management Software, thus we made this list of best Awards Management Software. We also wrote about how to learn Awards Management Software and how to install Awards Management Software. Recently we wrote how to uninstall Awards Management Software for newbie users. Don’t forgot to check latest Awards Management statistics of 2024.
Reference
- submittable – https://blog.submittable.com/grant-statistics/.
- instrumentl – https://www.instrumentl.com/blog/grant-statistics-and-trends.
- nih – https://grants.nih.gov/grants/guide/rfa-files/rfa-ca-12-011.html.
- ua – https://culverhouse.ua.edu/news/2019/04/world-renowned-culverhouse-statistics-professor-wins-burnum-award/.
How Useful is Awards Management
One of the most obvious benefits of awards management is the boost it gives to morale and motivation. Winning an award can be a powerful motivator for employees, encouraging them to continue performing at their best and striving for excellence in their work. It can also enhance teamwork and collaboration, as individuals work together towards a common goal of achieving recognition for their efforts.
Awards management can also be a valuable tool for recognizing and promoting talent within an organization. By publicly acknowledging the contributions of individuals or teams, organizations can help to cultivate a culture of excellence and encourage others to follow suit. This can lead to increased employee engagement, higher job satisfaction, and improved retention rates.
Furthermore, awards management can help to elevate the profile and reputation of an organization. By showcasing the achievements of their employees or members, organizations can enhance their credibility and attract top talent, investors, and customers. Winning prestigious awards can also help to differentiate a brand from its competitors and establish it as a leader in its field.
Beyond the internal benefits, awards management can also have a positive impact on the wider community. By recognizing individuals or organizations that are making a significant contribution to society, awards can help to inspire others and drive positive change. Awards can also help to create a sense of pride and accomplishment among community members, fostering a sense of unity and common purpose.
However, it is important to recognize that awards management is not without its challenges and limitations. One potential downside is the risk of creating a culture of competition and comparison within an organization. While healthy competition can be a positive force for driving performance and innovation, it can also lead to undue stress, burnout, and resentment among employees who feel they are constantly being judged against their peers.
There is also a danger that awards management can become overly subjective or biased, leading to potential issues of fairness and transparency. Organizations must ensure that their awards processes are robust, objective, and inclusive, to maintain credibility and trust among their stakeholders.
In conclusion, awards management can be a powerful tool for recognizing and rewarding excellence within an organization. It can boost morale, motivate employees, and enhance the reputation of the organization. However, it is important to approach awards management thoughtfully and carefully, ensuring that it is fair, transparent, and aligned with the values and goals of the organization. Ultimately, when used effectively, awards management can be a valuable asset in driving success and fostering a culture of excellence.
In Conclusion
Be it Awards Management benefits statistics, Awards Management usage statistics, Awards Management productivity statistics, Awards Management adoption statistics, Awards Management roi statistics, Awards Management market statistics, statistics on use of Awards Management, Awards Management analytics statistics, statistics of companies that use Awards Management, statistics small businesses using Awards Management, top Awards Management systems usa statistics, Awards Management software market statistics, statistics dissatisfied with Awards Management, statistics of businesses using Awards Management, Awards Management key statistics, Awards Management systems statistics, nonprofit Awards Management statistics, Awards Management failure statistics, top Awards Management statistics, best Awards Management statistics, Awards Management statistics small business, Awards Management statistics 2024, Awards Management statistics 2021, Awards Management statistics 2024 you will find all from this page. 🙂
We tried our best to provide all the Awards Management statistics on this page. Please comment below and share your opinion if we missed any Awards Management statistics.