Grant Management Survival Tip #1: Protect your funds
Many grant managers do not calculate the indirect costs of their federally funded grant programs. So, it may come as a surprise that, on average, 30-40% of total program costs are actually indirect (think IT support, HR, Payroll). As a result, these programs are, ultimately, subsidized by the General Fund. This likely negatively impacts the organization and limits the long-term viability of your programs.
In this webinar, learn how to:
- Understand the true costs associated with federally funded programs
- Know the power of your indirect cost
- Sustain your ARPA and grant-funded programs for the long term
- Inject your General Fund with unrealized revenue
You’ll walk away with:
- Our Indirect Costs Explainer to help guide you through the steps necessary to implement an indirect cost rate for your organization.
Presented with: Cherry Bekaert