My typical answer to whether a cost is allowed is “It depends”. Remember we are talking about whether you are allowed to use federal grant funds (usually Part B and Part C funds) to pay for these things. 45 CFR
Allowable costs for federal grants – can we buy a building?
In that list of costs that are not allowable (found in 45 CFR 75) Interest is sometimes allowable and sometimes not. Generally, interest on loans to manage your cash flow are not deductible whether they are line of credit loans,
Allowable costs for federal grants — about lobbying
Over the next few weeks we are going to address the costs that are NOT allowed with federal money, or that are allowed in some cases and not others. The first topic we should discuss is lobbying. First, a CIL
Q and A from Financial Workshop – Indirect Cost Rate
Q: If a funder does not allow any administration costs, can Part C funds make up a larger portion? A: If the funds are pass through to consumers, they may be treated differently, and you may not be required to
Q and A from Financial Workshop – Internal Controls
If you weren’t able to attend the financial workshop in Baltimore in May, you may be interested in some of the questions and answers that came in after the first day. Here are a few about Internal Controls: Q: How
Is interest ever an allowable expense?
If you borrow money, whether from your bank on a line of credit or from your credit card for expenses, those interest costs cannot be paid with federal dollars. Some interest to finance capital assess may be allowable. The following
Are Holiday Bonuses or last minute “Incentive Compensation” Allowable?
The short answer is no, not usually. The longer answer is that “Incentive Compensation” is sometimes allowed. The first rule under the Uniform Grant Guidance is that any expenditure of federal funds must be “reasonable, necessary, allowable and properly allocated“.