I am new to PTO and we have never sought out grants before. I think a grant committee is a great idea. I've been researching this a little bit and would be curious as to what grants are available and were to find them?
The most important thing is to make sure that you are a 501(c)3 organization. Most grants are only available to groups that have that status. If you are not, there is a fairly steep filing fee and the process can be lengthy.
As a new president we are starting a Grant Committee. What auditing/accounting fees should we be aware of or plan for if we are awarded grant money? What amount of money is not worth the effort, if we have to pay $300 and up on external audit of the grant?