Presentation on theme: "Applying for and Managing Federal Grants Presenter: Glenda ONeal www.glendaoneal.com IYI 2007 Conference Youth Workers Rock!"— Presentation transcript:
Applying for and Managing Federal Grants Presenter: Glenda ONeal IYI 2007 Conference Youth Workers Rock!
Managing Federal Grants: The Myths The Feds will tell us what to do. They will control the project. We will have to pay back money at the end of the project.
Pre-Grant Investments 1. To determine need for the project. 2. To develop collaborations. 3. To plan the project. 4. To arrange for program and financial resources. 5. To form an advisory council 6. To identify key personnel (PD/PI)
Managing Federal Grants: Rules and Regulations 1. Reporting requirements 2. Audit requirements Maintain an audit traceable account Required if administer $500,000+ Use independent auditor Monitor sub recipients Reference OMB Circulars for particulars…
Rules and Regs Continued 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
How to Read the RFP Eligibility Size of Award Number of Grants Priorities Match Outline Point Distribution Transmittal Instructions
What Makes a Proposal Successful? 1. Working with your Program Officer 2. Strength of Project Director 3. Points 4. Politics 5. Geographic distribution of funds 6. Distribution of funds via initiatives
Tips for Success 1. Work closely with the assigned federal Program Officer. 2. The newer the program, the greater your chances for success. 3. It usually takes two attempts to win a federal grant. 4. Follow the application guidelines. Allow plenty of time to prepare the proposal and make changes. 5. Adjust existing projects to the RFP. 6. Develop a PERT chart and use it as your writing guide. 7. Demonstrate the project is ready to roll.