One of the (many) things I found very confusing when I started working in the world of federal grant management was the way the terms subrecipient, subawardee, contractor, subcontractor, and vendor were bandied about-seemingly interchangeably Subrecipients. It didn’t matter if I was talking with my colleagues or the federal agency personnel; there always seemed to […]
Training and Development
How to Create a Financial Management Manual from Scratch
When it comes to financial management with federal grants, it seems like you have to become a Uniform Guidance “Master” to determine the requirements. Even if you consider yourself a problem-solver, 2 CFR Part 200 is “peppered’ with an overwhelming list of documentation requirements centered around payment management, property management, record retention, and a long […]
Grant Management: Prevent Misuse of Funds
I admit it! I am a grant management optimist! I want to believe that it is rare for a grantee to intentionally misuses funds. However, without proper planning and documentation, an organization places itself at risk for misuse of funds-both accidental and intentional. Prevent Misuse of Grant Funds Since the implementation of 2 CFR Part 200, […]
7 Success Tips from Decoding Grant Management
There are many moving parts when you are managing federal grants. That’s why we wanted to make it easier to find all our favorite tips from “Decoding Grant Management – The Ultimate Success Guide to the Federal Grant Regulations in 2 CFR Part 200.” Here are 7 success tips in our most favorite federal grant […]
10 Areas of Grant Risk to Consider
It’s a nightmare grant risk scenario! Picture grant funds flying out the door with seemingly little or no oversight. (Remember the “bad” part of the ARRA funding days in 2009? See any similarities between the CARES Act and ARPA funding?) The stories in the press certainly give the impression that good grants frequently go bad. […]
7 Basics of Internal Control Grant Managers Should Know
So you got a federal grant. And that means lots of internal controls requirements. Are you wondering what that means – really? A primary “must” for managing your organization’s federal awards is strong internal controls. So, if you are feeling a little uncertain about what that means to you, here are the basics of internal […]