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FBMB
10.319
To establish a competitive research and extension grants program for the purpose of: (1) improving the farm management knowledge and skills of agricultural producers; and (2) establishing and maintaining a national, publicly available farm financial management database to support improved farm management.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
For FY 2016: NIFA announced the availability of grant funds and requested applications for the Farm Business Management and Benchmarking (FBMB) Competitive Grants Program for fiscal year (FY) 2016 to improve the farm management knowledge and skills of agricultural producers; and maintain a national, publicly available farm financial management database to support improved farm management. The amount available for support of this program in FY 2016 was approximately $1.35 million. Grant deadline was April 11, 2016. Seven (7) proposals were submitted; however, two (2) were declined.
Five (5) proposals were reviewed by a panel of reviewers on May 4, 2016. Four (4) proposals were recommended for funding and one (1) recommended as “do not fund”.
The amount available for support of this program in Fiscal Year (FY) 2016 was $1,349,565 after legislatively mandated set-asides.
Four (4) proposals were submitted and accepted.
Four (4) proposals were reviewed and ranked by four (4) panel reviewers. The Panel accepted and recommended four (4) proposals to receive funding to deliver the Farm Business Management and Benchmarking (FBMB) grant. Amount of funds awarded to the four (4) institutions throughout the United States are: Location #1 Amount: $ 482,168; Location #2 Amount: $ 443,561; Location #3 Amount: $ 209,915; and Location #4 Amount: $ 213,921.
The amount available for support of this program in Fiscal Year 2017 was $1,346,556, after legislatively mandated set-asides.
Fifteen (15) proposals were submitted; however four (4) were declined; therefore, eleven (11) proposals were accepted and reviewed.
Eleven (11) proposals were reviewed and ranked by a panel of four (4). The panel recommended three (3) proposals to receive funding to deliver the Farm Business Management and Benchmarking grant. Amount funds awarded to the three institutions throughout the United States are:
Location #1: $451,749 Location #2: $450,227 Location #3: $444,580
The amount available for support of this program in Fiscal Year 2018 was $1,918,875 after legislatively mandated set-asides.
Nine (9) proposals were submitted; however two (2) were declined; therefore, seven (7) proposals were accepted and reviewed. These proposals were reviewed and ranked by a panel of five (5).
The panel recommended five (5) proposals to receive funding to deliver the Farm Business Management and Benchmarking grant. Amount funds awarded to the three institutions throughout the United States are:
Location #1 : $388,693 Location #2: $428,272 Location #3: $452,330 Location #4: $250,474 Location #5: $399,106
NIFA announced the availability of grant funds and requested applications for the Farm Business Management and Benchmarking (FBMB) Competitive Grants Program for fiscal year (FY) 2019 to improve the farm management knowledge and skills of agricultural producers; and maintain a national, publicly available farm financial management database to support improved farm management.
The amount available for support of this program in FY 2019 was $1,843,435. Grant deadline was April 9, 2019.
Ten proposals were submitted; however, four (4) of the submitted proposals were declined for duplication and/or non-compliance with the requirements within the Request for Applications.
Six (6) proposals were reviewed by a panel of four (4) reviewers on May 8, 2019.
Four (4) proposals were recommended for funding.
This program is subject to congressional budget approval for FY 2020. At this time, the projected funding level is Zero ($0).
However, if funding is provided, it is anticipated that similar projects will be awarded.
In FY 2024, five applications were received, and four awards were made.
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
