Monthly Webinar | Preparing for Post Award – What You Need to Know-Video Recording

Video Transcription

Video Summary

The NGMA webinar, hosted by Tip Tucker Kendall and moderated by Jonathan Dunn of Crow LLP, focused on post-award grants management presented by Delon Ube and Kristen Frey from Kim Joyce and Associates. The session celebrated record registrations and highlighted NGMA resources including upcoming webinars, training sessions, and a relaunched community forum for peer networking and shared best practices.<br /><br />The webinar emphasized the critical importance of compliance and tracking in managing federal grants, especially under the updated 2 CFR 200 Uniform Guidance. Presenters explained that compliance involves enforcing internal controls and adhering to federal laws, regulations, and grant terms. A key focus was on proactive preparation, systematized processes, and teamwork to manage financial, programmatic, and reporting functions.<br /><br />Delon and Kristen detailed allowable and unallowable costs based on 2 CFR 200, highlighting the necessity that costs must be reasonable, allocable, and necessary to the grant’s objectives. Examples included salaries, equipment, and travel as allowable; while entertainment, fundraising, and fines were unallowable. The critical distinction between supplanting (forbidden replacement of local funds with federal funds) and supplementing (acceptable enhancement of existing funds) was explained with guidance on avoiding supplanting through documentation and budgeting best practices.<br /><br />The webinar also covered best practices for burn rate monitoring, timely and thorough program and financial reporting, proper documentation, and grant closeout procedures. Attendees were encouraged to maintain communication with funders, keep detailed records, and apply consistent policies to ensure successful grant compliance and reporting.<br /><br />Overall, the session provided practical, actionable guidance for efficient post-award grant management supporting federal compliance and accountability.

Keywords

NGMA webinar

post-award grants management

2 CFR 200 Uniform Guidance

federal grants compliance

allowable costs

unallowable costs

supplanting vs supplementing

burn rate monitoring

grant reporting and closeout

grant management best practices