Grant Writing & Proposal Budgets Flashcards
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Read the first 7 Grant Writing & Proposal Budgets flashcards as text
A nonprofit applying for a federal grant must have a Negotiated Indirect Cost Rate Agreement (NICRA). Who negotiates this agreement?
Answer: A federal cognizant agency and the nonprofit
A NICRA is negotiated between the nonprofit and its federally cognizant agency, which is typically the agency providing the most federal funding.
What is 'cost allowability' in the context of federal grant budgeting?
Answer: Whether a specific cost can legally be charged to a federal grant under applicable regulations
Cost allowability refers to whether a specific expenditure meets federal criteria (necessary, reasonable, allocable, and consistent) to be charged to a grant.
Which of the following is the BEST example of an 'evaluation method' to include in a grant proposal?
Answer: Pre- and post-tests to measure participant knowledge change
Pre- and post-tests are a concrete, measurable evaluation method that demonstrates how the organization will assess program effectiveness.
In grant writing, what is a 'theory of change'?
Answer: An explanation of the assumptions and causal links between program activities and long-term impact
A theory of change articulates the assumptions and causal pathways through which program activities are expected to produce lasting community impact.
When budgeting for a consultant in a federal grant, the allowable daily rate is typically benchmarked against:
Answer: Federal pay scale equivalents or market rates for similar expertise
Consultant rates must be reasonable and are typically benchmarked against federal pay scales or documented market rates for comparable expertise.
A grant proposal requests funds for equipment costing $7,000. Under 2 CFR Part 200, how is equipment typically defined?
Answer: Tangible personal property with a useful life over one year and a per-unit cost of $5,000 or more
Under 2 CFR Part 200, equipment is tangible personal property with a useful life exceeding one year and a per-unit acquisition cost at or above $5,000.
What is the main purpose of including an organizational chart or key personnel section in a grant proposal?
Answer: To show funders that qualified individuals are in place to implement the proposed project
The key personnel section reassures funders that the organization has the experienced staff necessary to successfully implement the proposed project.