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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.

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

Blackbaud

This collaboration will not only make the application stronger, but it is also much more likely that the organization will be prepared to execute the program as planned and provide the long-term management and oversight required of large multi-year awards.

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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. You can establish benchmarks for when additional fundraising appeals need to go out and adjust your goals based on where you are compared to those scenarios. Provide clear stewardship for restricted funds.

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Nonprofits Guide to Applying and Negotiating an Indirect Cost Rate

PKS Grants & Accounting Solutions

Per 2 CFR 200, cognizant agency is defined as the Federal agency who is responsible for receiving, reviewing, negotiating, and approving indirect cost proposals. Per the guidelines, the proposal must be prepared and submitted no later than three months after the effective date of the Federal award.

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Using Data Effectively in Your Grants Strategy Development

Tech Soup

For example, according to our respondents, the federal government is funding only 2 percent of organizations with small budgets. However, a whopping 46 percent of organizations with extra-large budgets received federal awards. Adds up, right?

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New Rules in Procurement – Managing the Award towards the Finish Line

Grant Professionals Association

It is no surprise that with all the fast-moving federal funding that has been distributed over the past few years, those who receive federal awards may not be aware of all of the rules pertaining to award management. What demonstrated experience can be shared regarding previous federal awards management?

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So Now What? Finding Funding for Your Nonprofit

Tech Soup

The federal government was the source of the largest individual award for only 2 percent of organizations with small budgets. But 42 percent of organizations with extra-large budgets received federal awards.

Funding 62