Does your organization know the true cost of running a program? Can you compare your direct vs. indirect costs? Do you wonder if you are leaving money on the table if you don’t negotiate an indirect cost rate or at lease use the de minimis rate? Are your indirect costs 10%, 15%, 25% 35% or even higher? Any guesses.
Learn more about the what, why, and how’s of an indirect cost rate. Jasmine Markanday, grants consultant and president of PKS Grant Management & Accounting Solutions, LLC discusses:
- What you can categorize as direct costs vs. indirect costs
- The impact of negotiating the rate for indirect costs
- Identifying the Cognizant Agency
- Successful processes for negotiating an indirect cost rate
>>> Jasmine has a variety of resources available on this topic and more. Please visit pksllc.com to learn more!
Jasmine Markanday | President & Owner, PKS Grant Management & Accounting Solutions, LLC
Jasmine is an experienced grant professional who specializes in federal grant readiness, grant budget-writing, grant management, and training solutions. She assists clients with grant compliance based on 2 CFR 200 and Federal Administrative Regulations. She has assisted many organizations with successful indirect cost rate negotiations resulting in additional estimated overhead revenue of $300,000 plus. She received her Bachelor's in Business Administration with Accounting & Computer Information Systems for Emporia State University and her MBA with Healthcare Administration from MidAmerica Nazarene University. Jasmine is a member of the Grants Professional Association and National Grants Management Association.
Don't let grants stress you out! The team at DH Leonard Consulting is here to support your organization's grant-seeking efforts whether through training, as short-term grant writing support, a facilitator for creating a new grant seeking strategy, or even through free action guides and resources on our website. You can find out more about our services by clicking here.
The Grant Professionals Association (GPA) is the only international membership association for all grant professionals seeking to continually improve their professional knowledge and skills in grant research, proposal development, and post-award grant management.
GrantHub, by Foundant for Grantseekers, manages all of your funders, tasks, applications, reports, and important grant documents. Plus, it sends you email reminders for your application deadlines and report due dates. Register for one of our upcoming product or educational webinar and learn how you can win more grants! See Upcoming Events >>>