We asked about grant management tools and boy, did we get an earful! (We conducted a short survey so we could better understand the needs of the grant management community.) Your responses confirmed the trend we are seeing across the grant profession and training industry. The most pressing need is for more grant management tools, not […]
federal grant management
The perfect storm of grant waste, fraud, and abuse can turn a dream award into a nightmare when you are managing your grant. Managing Your Grant – When Good Grants Go Bad A recent example had a former Grant Administrator sentenced for stealing over $160,000 in grant funds. The grant funds were intended to support […]
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 […]
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 […]
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.
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 […]