In FY2020, the federal government spent $6.6 trillion in Medicare, Social Security, defense and veterans, debt interest, support to businesses, health, education, social services, and assistance like stimulus and unemployment plus assistance to States.
Did you know, $600 billion is awarded each year in federal grants?? The new OMB Uniform Guidance Administrative Requirements place tremendous emphasis on grantee internal controls. So, what are they? Why should you care? How do they impact your grants and your organization?
President Biden signed the American Rescue Plan Act (ARPA) of 2021 was signed into law on March 11, 2021, which provides $1.9 trillion funding state and local governments to respond to the public health and economic crisis.
Many grant applications are stronger when a team is working together. There are two
primary types of grant teams:
1. A team of internal individuals working on the same project together. They all work for
the same institution and each fulfill different roles.
In today’s world of grants, recovery of indirect costs is extremely vital for nonprofits. With minimum resources and few capacity building resources, it is important to understand how to recover and budget indirect costs to further enhance your organization’s effectiveness.
Jasmine Markanday, CGMS, RPO, MBA
President/Owner
Olathe, KS 66061
Phone: (913) 961-8957
