WEBINAR RECAP
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.
Join us for this webinar where we will break down the common misconceptions around indirect costs and share the necessary steps to recover those costs. You’ll discover how to achieve better fiscal health by maximizing federal funding through Indirect Cost Recovery.
Our Indirect Costs Explainer to help guide you through the steps necessary to implement an indirect cost rate for your organization.
As a Director in Cherry Bekaert's Advisory practice and Government & Public Sector (GPS) industry group Ms. Lettini is a nationally recognized, industry leader in indirect cost allocation and total cost of service studies. She has dedicated over two decades of her career to this field and has prepared over 850 complete cost allocation plans and cost of service studies nationwide in varying sizes of State and Local governments.
Ms. Lettini works with federal and state agencies during their auditing process of cost allocation plans and ICRP’s. Of those she has prepared, she has achieved a 100% success rate of approval for her clients. She has managed to save almost $1B of reimbursements from getting wrongfully thrown out of audits for clients.
Survival Tip #2: Control the chaos. Grant management requires continual change. Whether you're new to change management or an experienced practitioner, this webinar offers valuable insights into how grant professionals can successfully navigate the complexities of organizational change.
View NowSurvival Tip #3: Maximize time. Managing grants tends to be particularly time challenging, which is why understanding how to build capacity becomes critical. Learn common grant management practices that inhibit capacity, best practices to increase it, and how the use of technology can help.
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