Patrice Davis is the CEO of Grants Works, whose mission is "to help organizations, educational institutions and businesses successfully find, obtain, manage, and comply with federal and other government grants that positively impact people and communities." Patrice first joined the NEXT in Nonprofits podcast in 2021 talking about applying for government grants.
Patrice joins host Steve Boland to discuss the importance of time and effort reporting in grants management. Plans for how time and effort will be reported on grants begins with writing the grant, but continues on in post-grant administration using a grant manager (mostly likely different from grant writer) and the right tools for the right job. Patrice discusses best practices and tools - such as integrating grant restraints into a payroll tool to track costs assigned to a grant expenses.
Patrice also looks at things that impact costs are allocated, such as how much indirect costs may need to be covered in the grant. Some organizations may choose different strategies surrounding these costs. More information about the federal definitions are available in the Code of Federal Regulations here.
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