Get the free Subgrantee Financial Status Report

This document serves as a financial status report for subgrantees receiving funding, detailing expenditures, obligations, and certifications related to the grant agreement.

How to fill out subgrantee financial status report

How to fill out Subgrantee Financial Status Report

1. Start by downloading the Subgrantee Financial Status Report template from the relevant grant management website.
2. Fill in the basic information at the top, including the subgrantee name, report period, and contact information.
3. Input the total amount of grant funds awarded to the subgrantee in the designated section.
4. List all expenditures during the reporting period, categorizing them by type (e.g., personnel, supplies, etc.).
5. Provide details on any income received related to the grant, if applicable.
6. Calculate the total expenditures and the remaining balance of grant funds at the end of the reporting period.
7. Attach any necessary supporting documentation, such as receipts or invoices, to validate the expenditures listed.
8. Review the completed report for accuracy and compliance with grant requirements.
9. Submit the report by the specified deadline to the grantor organization.

Who needs Subgrantee Financial Status Report?

1. Subgrantee organizations accountable for managing granted funds.
2. Grant administrators responsible for monitoring subgrantee financial compliance.
3. Funding agencies requiring documentation of financial status from subgrantees.

People Also Ask about

What does a subgrantee mean?

“Subgrantee” means the government or other legal entity to which a subgrant is awarded and that is accountable to the grantee for the use of the funds provided.

What is the meaning of Grantee?

A grantee is the recipient of something, such as a college grant or real estate property. A grantor is a person or entity that transfers to another person or entity the interest or ownership rights to an asset. Legal documents, such as deeds, detail the transfer of assets between grantors and grantees.

What is a subgrant definition?

Subgrant means an award of financial assistance in the form of money, or property in lieu of money, made under a grant by a grantee to an eligible subgrantee.

What is the difference between a grantee and a Subgrantee?

Grant professionals are familiar with the dance that takes place between grantors (those who provide the funding necessary to sustain organizations and government agencies), grantees (the recipients of these funds) and sub-grantees (those who have contractual or grant relationships with grantees).

What is the difference between a subaward and a subcontract?

Subawards do not include procurement of services on commercial terms by a contractor or consultants. Instead, these types of costs are considered subcontracts. Note: When categorizing budget costs, subawards belong in the 'Other' line item. Subcontracts belong in the 'Contractual' line.

Is a subgrantee the same as a subrecipient?

Also Known As: Subgrantee, Subrecipient, Subaward, Subawardee, Subgrant. An entity that receives grant funds from an Eligible Entity to carry out eligible activities.

What is grant financial reporting?

A grant report is one of the legal obligations for grantmakers to approve funding. Grant reporting is usually a prerequisite for organizations to inform their funders about the following: Programs and activities they've been running.

For pdfFiller’s FAQs

What is Subgrantee Financial Status Report?

The Subgrantee Financial Status Report is a document that provides a detailed account of the financial activities and status of subgrantees involved in a grant-funded program.

Who is required to file Subgrantee Financial Status Report?

Subgrantees who receive funds from a grant and are required to report their financial status to the primary grant recipient must file the Subgrantee Financial Status Report.

How to fill out Subgrantee Financial Status Report?

To fill out the Subgrantee Financial Status Report, subgrantees need to provide information on their actual expenditures, unexpended funds, and any income derived from the project, following the format and guidelines provided by the grantor.

What is the purpose of Subgrantee Financial Status Report?

The purpose of the Subgrantee Financial Status Report is to ensure accountability and transparency in the use of grant funds, assess financial progress, and facilitate compliance with grant conditions.

What information must be reported on Subgrantee Financial Status Report?

The information that must be reported on the Subgrantee Financial Status Report includes actual expenditures, unobligated funds, any program income, and a summary of the project budget versus actual performance.