Boots, the Federal Grant money is but a small portion of the total PP budget.  They will still be performing abortions at will, that's what Margaret Sanger founded PP for.

“Margaret Sanger has been lauded by some as a woman of valor, but a closer look reveals that Planned Parenthood’s audacious founder had some unsavory things to say about matters of race, birth control, and abortion. An outspoken eugenicist herself, Sanger consistently promoted racist ideals with a contemptuous attitude.”

http://www.lifenews.com/2013/03/11/10-eye-opening-quotes-from-planned-parenthood-founder-margaret-sanger/