Demystifying Federal Funding: Nonprofit Questions Answered
Federal funding has played a crucial role in supporting nonprofit organizations for decades, but many people are left to wonder: how does it actually work? This session provides a foundational overview of how the U.S. government collects revenue, then allocates and distributes funding, addressing common misconceptions along the way. YPTC experts will walk through the decision-making process behind federal spending, the types of funding available to nonprofits, and the compliance requirements organizations must meet after receiving an award. Gain a clearer understanding of the federal funding system and what it means for your nonprofit.
This session is the first of YPTC’s Managing Through Uncertainty, a series designed to deliver real-time insights and practical guidance for federal funding and the nonprofit sector.
Who Should Attend: Anyone involved in the nonprofit sector—including management, finance teams, board members, volunteers, donors, and those who manage or receive federal funds.
Learning Objectives:
- Understand how the U.S. government collects revenues and allocates and distributes federal funding to nonprofits.
- Identify the types of federal funding available and the key compliance requirements for nonprofits receiving federal awards.
Participants will earn 1.0 CPE credit in Specialized Knowledge.
To receive credit, attendees must respond to three out of the four poll questions asked during the program. Once registered, you will automatically receive access to the webcast recording and, if you qualified for CPE, have the ability to download your certificate.
Additional Information
Prerequisites: There are no prerequisites for this program.
Advanced Preparation: None
Program Level: Overview
Delivery Method: Group Internet Based
Field of Study: Specialized Knowledge
Refunds and Cancellations: There is no fee to attend this program. In the rare event that YPTC needs to cancel the webinar due to circumstances beyond our control, all registrants will be notified via email and provided with alternative dates the program will be offered. For more information regarding refund, complaint, and program cancellation policies, please visit https://www.yptc.com/training-policies/
Your Part-Time Controller, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Speakers:
Hatsy Cutshall, CPA
Director, Your Part-Time Controller, LLC
Harriet (Hatsy) S. Cutshall, CPA, joined YPTC in 2011 and is the Director of the Government Awards Management Department. Prior to taking on that role, Hatsy served as the market leader for YPTC’s New England, Phoenix and Washington, DC markets. In addition to being a member of YPTC’s Federal Awards Management Group, she is a frequent trainer and presenter, most recently co-hosting YPTC’s webinar series on finding and managing federal awards. During the COVID epidemic she co-hosted several “Staying Afloat” webinars. Hatsy earned a Bachelor of Science degree in Biology from the College of William and Mary and later a certificate in Accounting from the University of Virginia. Prior to YPTC, Hatsy served as Director of Finance and Administration for the Rural Community Assistance Partnership, and as CFO for the American Society of Appraisers, and for America Abroad Media. She is a member of the Massachusetts Society of CPA’s Nonprofit Accounting and Auditing Committee and served on the Greater Washington Society of CPA’s Nonprofit Symposium planning committee. She is a past presenter for the AICPA Not-for-Profit Industry Conference and the Massachusetts Nonprofit Network (MNN) Conference.
Derick Dreher
Government Funding Department Leader, Your Part-Time Controller, LLC
Derick Dreher was recruited to YPTC in 2022 to lead its Government Funding Department. Prior to joining YPTC, Derick served as the Director of the Rosenbach Museum & Library for over twenty years, and as the Vice President of Special Collections at the Free Library of Philadelphia. Trained as an art historian, Derick now deploys his research and writing skills in the service of helping nonprofits find and apply for institutional funding. He has over 25 years of experience applying for federal, state, municipal and foundation grants, and has also served as a peer reviewer for federal and state agencies. Derick has also given back to the nonprofit community through board service for the Philadelphia Area Consortium of Special Collections Libraries, the Atlanta-based library technology consortium Lyrasis, and the Independence Foundation, among others.