An advance for a federal grant is a payment method where the funder pays the non-Federal entity in advance of spending the grant funds. (Doesn’t that sound better than waiting for a reimbursement?) § 200.3 Advance payment. Advance payment means a payment that a Federal awarding agency or pass-through entity makes by any appropriate payment […]
federal grant management
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 […]
What is a Contract?
When it comes to federal grant management, these terms award, subaward and contract are NOT interchangeable. And when grant recipients AND funders and federal regulations seem to use them in that way it is SLOPPY communication.
How Transparent is Your Organization?
Transparency in the News Transparency has been in the news a lot lately! It might even feel like that expecting transparency with federal funding is the norm. In truth, the focus on transparency for federal grants is a relatively new development from being able to track spending on USASpending.gov to reporting executive compensation on the […]
Happy International Grant Professional Day!
International Grant Professional Day #IGPD is a reason to celebrate our profession! Can you say you have an international perspective when it comes to grants? I must say even though I work in the Federal grant realm, I wasn’t aware of the broad scope of people working around the world on grants until I started […]
3 Tips for Coping with Questioned Federal Grant Costs
It can happen to the best of us. The auditors come in and start asking uncomfortable questions. Sometimes you can feel like you are on solid ground with your defense, but then… Oh, there’s the little item you missed in the award terms and conditions. Or maybe your notice of funding opportunity put in place […]