Rex is principal and founder of Porter Group LLC, a premier national federal grant funding and compliance consulting service, bringing a 25-year career in federal grants management to the work. He has served as a federal grants official, grant-funded organization executive director, and local government project manager. His current practice supports nonprofits and local governments stay compliant with the complex world of federal grant rules. Rex is a retired Air Force officer, and earned an MBA, a MS in Systems Management, and Certificates in Nonprofit Management, and Program and Contract Management.
Principal and founder of Porter Group LLC, a premier national federal grant funding and compliance consulting service
25-year career in federal grants management
Served as a federal grants official, grant-funded organization executive director, and local government project manager
Retired Air Force officer
Holds master of business administration and master of science in systems management degrees
Certificates in nonprofit management, and program and contract management
Scheduled for 90 minutes including question and answer period.Friday, July 8, 2022; 2:00 PM Eastern
Grant management expert Rex Porter will clearly explain the detailed 2 CFR 200 indirect cost rates and cost allocation requirements. You will learn unique insights that affect the core of your long-term strategies and day-to-day operations.
What You'll Learn
What cost allocation and indirect cost rate requirements affect your nonprofit?
How should you use the de minimis (10%) rate?
When should you apply other potential indirect cost rates?
What options does your organization have to allocate costs?
What changes to policies and procedures must you make under 2 CFR 200?
How must you adapt operational systems to the latest standards?
Why would you want to decline indirect cost reimbursements?
What errors are auditors looking for and finding in 2022?
Federal grant cost expert Rex Porter will provide hands-on insights into applying cost rules and using indirect cost rates. You will learn detailed federal allowable cost information and guidance found very few other places.
Sessions Include:
Allowable Costs
Indirect Cost Rates And Cost Allocation Issues: Best Practices Under 2 CFR 200
Advanced Indirect Cost Allocation: Optimizing Your Preparation And Reducing Risk
In this fast-paced webinar, federal grant expert Rex Porter will tell you how to read and interpret the often long and complex NOFO document. You will learn how the federal government organizes and uses NOFO and how to use it to your advantage.
What You'll Learn
How does the federal government use grants.gov in 2021?
What are the differences between the synopsis, announcement, and application?
What are the eight key parts of a NOFO?
Where can you find the eligibility requirements in a NOFO?
How and when should you apply for funding opportunities?
What essential grant application formatting requirements must you follow?
How will your nonprofit application be graded?
What are the key reporting elements of the potential award?
How can you contact the funder?
Where can you find information about potential 2022 federal grant funding?
