article thumbnail

Changes to OMB’s 2 CFR Part 200

Fundraising HayDay

In October 2024, the latest changes to the Office of Management and Budgets (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (also known as 2 CFR Part 200 or Uniform Guidance) went into effect. Many changes were beneficial to grantees. Many changes were beneficial to grantees.

article thumbnail

I Signed up for What?! A Primer for Pre- and Post-Award Grant Readiness

Blackbaud

In addition to risk, federal government agencies are asking applicants/recipients to demonstrate their ability to manage federal grants through a robust internal controls policy and procedures manual (sometimes during the pre-award stage) that outlines how organizations will be good stewards of government funding.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Title

RBW Strategy

Challenge In 2022, the company had contacted RBW Strategy as they received several federal awards and would benefit from institutional background in managing and maintaining compliance. Outcome RBW Strategy worked with the company to navigate the administrative challenges and maintain grant compliance after the company’s IPO.

article thumbnail

Biopharmaceutical Company

RBW Strategy

Challenge In 2022, the company had contacted RBW Strategy as they received several federal awards and would benefit from institutional background in managing and maintaining compliance. Outcome RBW Strategy worked with the company to navigate the administrative challenges and maintain grant compliance after the company’s IPO.

article thumbnail

Your Comprehensive Nonprofit Guide to Getting Started with NEA Grants

Cain Nonprofit Solutions

Of course, whether or not you actually get a piece depends on several factors and to give you a better understanding of those and a better shot at an eventual award, I want to break down how to get started with NEA grants today. You probably aren’t ready for federal grants at all. You’ll need your login for the SAM website.

SAM 130
article thumbnail

A 2023 Guide: Best Practices for Nonprofit Compliance | Instrumentl

Instrumentl

Dive into the realm of federal awards and the stringent compliance requirements nonprofits must meet to maximize these resources. This comprehensive guide provides insights, strategies, and essential information for navigating nonprofit compliance within the context of federal awards.

article thumbnail

5 Ways Fund Accounting Simplifies Food Bank Reporting

Blackbaud

From fundraising initiatives to grant awards, your food bank likely juggles a mix of restricted and unrestricted dollars. Tracking one grant award outside of your accounting software is not ideal, but manageable. Use your fund accounting system to track the details of each grant, including status, amount awarded, and type of grant.

Funding 97