No one wants to think the “unthinkable” could happen at their organization. But waste, fraud, and abuse of grant funds happen daily across the over $1+ trillion in federal grants awarded annually. So how can you avoid becoming a victim of grant fraud? The first step is being aware of the warning signs. Fraud: Watch […]
best practices for grant management
How to Write a Corrective Action Plan
What if you were certain the world was coming to an end, and it wasn’t? If you followed the disturbing story of the Hawaiian missile alert sent in error, you probably are glad you weren’t there for the “This is not a drill” emergency drill! Yikes! Things (obviously) didn’t work as expected! The Associated Press (AP) […]
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 […]
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 […]
7 Ways to Spot a Subrecipient Relationship
One of the grant management questions we get the most emails on is, “What is the difference between a subrecipient and a vendor?” Subrecipient vs. Contractor: What’s in a Name? The distinction between the terminology causes no end of confusion because the terms subrecipient, subgrantee, subawardee are used interchangeably by federal grant recipients and federal […]
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 grants and not have a conflict of interest. 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 […]