Pre and Post Award Grant Management Go Together Like PB&J
Thinking Through Post Award Grant Management from a Pre Award Vantage Picture this – you work at a nonprofit and have a big, audacious project that you are looking to get off the ground. You are carefully researching different funding sources and feel strongly that federal grant funding will help provide the financial boost that […]
Understanding the Federal Grant Management Process
When organizations request support from MyFedTrainer, it is sometimes in response to audit findings or a requirement from the funding agency to create more robust internal controls. While our trainings assist organizations and agencies in developing cultures of compliance, it is important to be proactive (even before a grant is awarded) to create solid grant […]
Decoding Grant Management-Success Tip: Adequate Documentation
Like zombies rising from the dead, inadequate documentation has a way of returning to haunt you in an alarming way. Want an example? I analyzed a case study where the review of administrative and clerical costs resulted in $1.7 million in costs being deemed unallowable! All those moaning sounds are not just the zombies. So […]
Decoding Grant Management-Success Tip: Record Retention
Are you facing the “Goldilocks Dilemma” of record retention? Is your record retention too much? Not enough? Or just right? Wondering which records to keep for your federal grant record-retention requirements and which ones can be tossed? (Inadequate supporting documentation is an area that gets many federal grant recipients into trouble.) Let’s walk through the […]
5 Ways to Reduce the Risk of a Conflict of Interest
In a previous post, we looked at 6 questions you should ask to tell how safe your federal grant is from conflicts of interest. In today’s post, we’ll look at what you can do to reduce the risk of a conflict of interest affecting your organization’s federal funding. Here are 5 Ways to Reduce the Risk of […]
Decoding Grant Management-Success Tip: Competition and Affirmative Steps
“It’s not fair!” This cry is not just for toddlers and politicians. The federal government also jumps in the mix regarding federal grants. The Uniform Guidance (2 CFR Part 200) requires grant recipients to include small, women, and minority-owned businesses in federal spending. A $4.85 Million Grant Management Mistake I shared a case study in […]
