Target recently announced its plans to support 32 new elementary schools and 118 schools that benefited from previous initiatives with more than $12 million worth of resources and renovations. In partnership with The Heart of America Foundation, the Target School Library Makeover program plans to update the elementary schools' libraries with new technology, books, furniture, construction and design work.

Each school will receive 2,000 new books for its library and students will be given seven new books to take home. Additionally, the retailer plans to return to 118 schools that received library renovations in previous efforts and provide them with $1.5 million in reading grants.

"At Target, we understand that a quality education can empower and prepare children to become the leaders of tomorrow," said Laysha Ward, Target's president of community relations. "Through the Target School Library Makeover program and collaboration with partners, educators, parents and caring adults, Target hopes to pave a path to graduation for more U.S. children."

Companies that are running more than one initiative and providing support to multiple organizations at the same time could benefit from grant management software to monitor accounts and keep their records organized.