WebThe program income must be used for the purposes and under the conditions of the Federal award. (3) Cost sharing or matching. With prior approval of the Federal awarding agency, program income may be used to meet the cost sharing or matching requirement of the Federal award. The amount of the Federal award remains the same.
Program Income Post Award Fiscal Compliance - University of Washin…
WebA New and Renewal project applicants that intend to use program income as match must complete new questions in e-snaps on Screen 6I (New projects) and 6D (Renewal) Sources of Match: 1. Does this project generate program income as described in 24 CFR 578.97 that will be used as Match for this grant? Answer “Yes” or “No.” WebMar 2, 2024 · 5/9/22 Update: U.S. Treasury released an updated set of Final Rule FAQs on April 27, 2024, that helped clarify the program income reporting requirements. FAQ 13.11 stipulates that the addition method set forth in 2 C.F.R. 200.307(e)(2) applies to program income generated from CLSFRF funds. Recipients must add program income earnings to … hacking pet sim x
Program Income Controller
WebMatch is not tied to specific budget line items, so long as the total grant amount (except … Webrecognized by the recipient or subrecipient qualifies as program income – income earned by contractors or third parties is not program income unless it is passed through to the grant recipient or subrecipient. Program income does not include interest on grant funds. 15 C.F.R. §§ 14.2(aa), 24.25(a). Any interest earned on WebMar 21, 2024 · The DOJ Grants Financial Guide (the “Guide”) serves as the primary reference manual to assist OJP, OVW, and COPS Office award recipients in fulfilling their fiduciary responsibility to safeguard grant funds and ensure funds are used for the purposes for which they were awarded.It compiles a variety of laws, rules and regulations that affect … braided brioche loaf