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This is a privilege, but also requires diligence, planning, and solid recordkeeping to ensure that you follow the federal requirements as indicated in The Office of Management and Budget (OMB)’s Uniform Grant Guidance, or 2 CFR 200, plus any other federal, state or local agency requirements. This serves as your steering committee.
Yet, until recently, they also meant our staff spent extensive time and energy calling families to track down re-enrollment contracts each year. With this approach, families now sign one continuous enrollment contract that remains in effect for the duration of their child(ren)’s enrollment at DKJA. We knew there had to be a better way.
Consider recommending methods, like electronic transfers over paper checks, to help speed up the process. These can include disbursement timelines, budget allocation, and project progress. Avoid surprises by discussing these possibilities early and including them in writing within the grant contract.
Without the steady cash flow of tuition, schools might not meet budget, payroll may need to be sourced from other funds, and the ability to maintain academic and extracurricular programs may suffer. Having that contract roll from the school’s admissions software into its tuition management system helps eliminate chaos and confusion.
The end of the fiscal year is the time to tally up all financial information and find out how you did compared with the budget you devised the previous year. Here’s a short list of some of the stuff to get done around then: Complete grant and contract final reports. Complete budgets for the coming year.
The Challenge: In 2012, HealthRIGHT 360 served over 29,000 people with a budget of $64 million and 13 locations across California. Also, like many modern organizations, effective phone and Internet service is mission critical, supporting both their online electronic medical record services and frequent phone contact with clients.
Having the ability to export application data is one of the biggest advantages of using an electronic application process in a grants management system. If your application is like one that you’ve used in previous years, there is no reason you shouldn’t start by copying that opportunity and then making necessary changes to keep it current.
Whether you keep paper copies for each grant, or you store everything electronically, keeping those files organized is important. At minimum, grant files should include: Signed grant agreement, including the approved budget. Contracts with vendors, subrecipients, and any bid documents. Financial information (e.g.
Understanding Proposal Budgets a. Budget Preparation and Review b. Key Budgeting Concepts VI. Funders have different budgets, funding priorities, and missions. Understanding Proposal Budgets When you search for potential funders, it is beneficial to have a sense of how much your project will cost.
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