Applying for and Managing Federal Grants. Presenter: Glenda O’Neal www.glendaoneal.com IYI 2007 Conference Youth Workers Rock!. Managing Federal Grants: The Myths. “The Feds will tell us what to do.” “ They will control the project.”
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IYI 2007 Conference
Youth Workers Rock!
Maintain an audit traceable account
Required if administer $500,000+
Use independent auditor
Monitor sub recipients
Reference OMB Circulars for particulars…
State, local govt, Indian Tribe
3. Cash flow
4. Allowable and unallowable costs
5. Compliance standards
6. Match requirements
Match is part of the federal grant.
Earn and spend proportionately.
Source of match cannot be federal.
7. Indirect cost
8. DUNS Number