Funding programs

---
title: Funding programs
description: Funding programs organize and govern grant funding across multiple grant programs in Public Sector Digital Services.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/government-industry/funding-programs.html
release: australia
topic_type: concept
last_updated: "2024-12-19"
reading_time_minutes: 1
keywords: [funding programs, grants management, portfolio management]
breadcrumb: [Grants Management, Solutions, Use, Public Sector Digital Services \(PSDS\)]
---

# Funding programs

Funding programs organize and govern grant funding across multiple grant programs in Public Sector Digital Services.

A funding program is a portfolio-level construct that organizes, governs, and tracks grant funding across multiple grant programs. It represents a line of business or policy initiative under which one or more grant programs are created and managed over time, which enables a high level visibility into how funding is structured and utilized.

## Purpose and benefits

Funding programs address common challenges that grants program directors and managers face when overseeing multiple grant programs. Without a centralized approach, funding program data is fragmented across spreadsheets, documents, and disconnected systems. This fragmentation makes it difficult to gain consolidated insights, leading to inefficiencies in reporting, decision-making, and compliance tracking.

## Key features

Funding programs support several key capabilities:

-   Portfolio-level tracking and reporting across multiple grant programs
-   Centralized budget management and allocation oversight
-   Strategic alignment of grant programs with policy initiatives
-   Enhanced visibility for leadership decision-making

## Relationship to grant programs

Each grant program is associated with a single funding program through a unique funding program ID. This relationship enables agencies to track funding allocation and utilization across related grant programs while maintaining clear governance structures.

The funding program establishes the overall budget and timeline within which all associated grant programs must operate. Grant programs share the funding program budget and cannot exceed the Funding Program’s total budget. When the Funding Program's total budget is fully allocated, the system notifies the grant program manager.

## Integration with grants management workflow

Funding programs integrate with the Grants Management workflow. When creating a grant program, agencies link it to an existing funding program during the **Define program** stage. This linkage ensures proper governance and enables portfolio-level tracking throughout the grants management lifecycle.