Grant fraud is a mystery to many of us. How can it happen? Why would someone do it? And more importantly: How can federal grant recipients avoid grant fraud? Solving the mystery of “The Fraud Triangle” was led by criminologist Dr. Donald Cressey and is based on his well-accepted behavioral research model studying embezzlers. 3 […]
Best Practices
How Safe is Your Grant from Conflicts of Interest?
Good grants management requires grantees to use their federal funds in the best interests of their Federal grant. But when the people put their personal best interests before the best interests of the Federal program the result can shatter trust-both with the funding agency and within the organization. And trust once broken is expensive and […]
How to Create Written Procurement Procedures from Scratch
The requirement for written procurement procedures is part of the Uniform Guidance that many federal grant recipients have been slow to implement. So if you are wondering how to create the “dreaded” written procurement procedures manual from scratch, don’t worry. I have created a roadmap for success on this federal grant requirement. Written Procurement Procedures […]
What is Prior Approval
When you work with federal grants, it’s just a matter of time before someone says “We need the prior approval of the funder” to do this or that. But this vague term “prior approval” may leave you wondering two important questions when you manage grants: When does 2 CFR Part 200 aka the Uniform Guidance […]
How to Create a Financial Management Manual from Scratch
Do you consider yourself a problem-solver? When it comes to financial management with federal grants, it seems like you have to become a Uniform Guidance “Master” to figure out what the requirements are. In truth, 2 CFR Part 200 is “peppered’ with documentation requirements centered around financial management, payment management, property management, record retention and […]
What is Cost-share or Match?
Cost-share (also called “match“) is the part of the federally-sponsored project or program that is not paid for by the federal government. “Cost sharing or matching means the portion of project costs not paid by Federal funds (unless otherwise authorized by Federal statute). See also § 200.306 Cost sharing or matching.” From 2 CFR Part 200 […]