This document focuses on how effective grant development and management can help generate added revenue for community colleges. Some general tips for grant management include: reviewing and maintaining the college's mission; aligning the grant department with all other development departments of the college; and using an experienced grant coordinator to oversee grant acquisition (proposals), administration, allocation, operation, and evaluation. The grant coordinator should be familiar with all guidelines of grant acquisitions including eligibility, grantor's priorities, award amounts, application procedures, and deadlines. Community colleges and grant coordinators also must be familiar with the various types of funding sources for grants, including: (1) public grant sources (federal/state/local government funded); and (2) private grant sources (funded by foundations, corporations, associations, unions, local civic groups, and families). An effective proposal is seen as the most important factor in acquiring grants. Reference guides and informational Web sites on grant writing, grant sources, and grant administration are provided throughout the document. (MKF)