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.
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