Post-Award Compliance Support
Managing grants correctly and effectively to meet reporting obligations and address the requirements of the funder is critically important, ensuring your organization is well-positioned to receive future grants as well as decrease the risk of mismanagement of funds, which can have major legal implications.
Innovative Funding Partners’ (IFP) post-award compliance support can be tailored to the complexity of grant management requirements for your organization. Our team is available to support your organization’s full portfolio of awards (foundation, state, and federal), providing coordination across departments and programs, as well as managing individual awards, providing assistance ranging from developing and submitting a simple programmatic report to a foundation to a full package of post-award compliance support services for a state or federal grant. We ensure organizations meet agency and funder expectations, stay current on frequent changes to applicable regulations, and effectively manage programmatic and financial reporting requirements. Our staff possess a high degree of technical expertise, having worked across a wide variety of federal agencies and having served as program officers within several major foundations.
Post-award requirements are often time-consuming and difficult to understand. To relieve this burden and allow your organization to focus on day-to-day implementation, our experienced consultants provide coordination and support of post-award activities, from project launch to grant close-out. Our post-award support frees you up to focus on furthering your mission as an organization with transparency, eliminating the added stress of tracking extensive and ever-evolving requirements.
Project Launch Support
We offer a range of project launch support, tailored to the requirements of the grant. Our project launch support includes:
- Technical guidance on interpreting the Notice of Award (NOA) and understanding the grant’s terms and conditions.
- Assessment and recommendations for internal policies and procedures to ensure compliance with Title 2 of the Code of Federal Regulations 2 CFR Part 200 (also known as the Uniform Guidance) and/or other requirements.
- Development of a Standard Operating Procedures (SOP) manual, aligned with requirements and preferred/existing organizational processes, guiding all critical grant management activities, including tracking expenses, determining allowable and unallowable costs, grant invoicing, report development and approval, and budget amendments.
- Training relevant staff on the implementation of and adherence to the policies and procedures outlined in the SOP manual.
- Regularly updating the SOP manual to reflect internal adjustments or changes in the Uniform Guidance and/or funder requirements.
Ongoing Communication and Technical Support
IFP provides rapid turnaround technical support for both financial and programmatic matters throughout the grant life cycle. We maintain regular communication with organizational staff responsible for oversight and day-to-day grant administration and can provide support during meetings with program officers and federal agency contacts. This proactive engagement ensures timely compliance and minimizes administrative burdens on your organization.
Financial and Programmatic Reporting
We offer support in developing, writing, and reviewing financial and programmatic reports, including interim/progress and final reports. We assist with drafting programmatic reports, reviewing financial reports to ensure compliance and allowability of expenditures, drafting and reviewing budget amendments and program scope changes, and submitting change requests and reports through funder portals, ensuring your organization can meet deadlines, exercise transparency, and demonstrate results to the funder.
Data Support
Effective grant reporting begins with accurate data collection. IFP data experts can advise on system setup for tracking key performance indicators, ensuring data is gathered in a way that supports both reporting and program evaluation.
Subrecipient Monitoring
Many grants involve subrecipients whose roles are essential to meeting program goals and who are subject to the same regulations and requirements as the lead recipient. IFP can help ensure subrecipients are providing compliant documentation to the lead recipient in the following ways:
- Assisting with subrecipient agreements
- Reviewing subrecipient financials and budgets
- Advising on data collection and reporting procedures
- Providing technical assistance to subrecipients as needed
Grant Closeout
Successful grant close-out ensures that your organization is well-positioned for future grants. IFP can assist with grant close-out in several ways, including support with wrapping up grant management activities and providing technical support around record retention.
Contact us today to learn more about how we can support post-award compliance for your organization.