You see it on the news all too frequently. Funds are embezzled from grants awarded by the federal government, and taxpayer dollars are lost to grant embezzlement. Furthermore, embezzlement has an extremely negative impact on the grantee organization. Trust is broken, professional reputations are tarnished, and there is a predictable loss of public support. The […]
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3 Little Known Factors That Can Affect Your Single Audit
When you manage federal grants, you must understand the requirements to have a successful Single Audit. After all, the goal of the Uniform Guidance regulations is to make sure that money spent on Federal grants is only for: • Allowable activities • Allowable goods and services But three little-considered factors also affect your Single Audit. […]
The Shocking Truth about $2.3 Million Payback of Grant Funds
How would you like to write a $2.3 million check to the US Treasury because your grant was mismanaged? Sound painful? An Office of the Inspector General report recommended that $2.3 million in grant funds be repaid to the Federal government. The award was made by the Federal Emergency Management Agency (FEMA) to the state […]
Are You Thinking About the New Grant Regulations…But Not Taking Action?
OMB announced new grant regulations back in August 2020. So, let me ask you this: Are you the go-to person at your organization for grant management? Do you feel sure of yourself and ready to manage your programs according to the new grant guidance? If you feel a little unsure of what this means to […]
4 Grant Mistakes You Don’t Know You’re Making
We’ve gone to the grant management mailbag for some common problems encountered in the “real-world” by “real-life” grant managers. Today we’re looking at four common grant mistakes regarding the un-allowability of public relations costs you may experience when managing your Federal grant. Grant Mistakes: A Grant Manager Writes: “Are promotional items, such as pens, water […]
The More the Merrier? 5 Steps You Need To Know When You Have Multiple Grants
Multiple grants require diligent and planned monitoring to ensure that funds received are expended, and then reported, to the appropriate agency in the manner prescribed by the various funders. Multiple Grants: Is Your Head Spinning? Here are a few examples: You must ensure that expenses are tracked and claimed only once. Time and effort must […]