Research grant accounting, community benefit documentation, and foundation endowment management for nonprofit hospitals, health foundations, and medical research organizations.
NIH, NSF, and private foundation grants each have specific cost principles, reporting requirements, and audit standards. Managing multiple grants simultaneously without dedicated infrastructure leads to disallowed costs and reporting failures.
IRS Schedule H requires nonprofit hospitals to document and quantify community benefit activities — charity care, community health improvement, and research. Calculating these amounts from the GL requires specific cost allocation methodology.
Foundation endowments require transparent governance, clear investment policy compliance, and accurate reporting to the board. Underwater endowment tracking and spending rate calculations must be current and auditable.
GAAP (FASB ASC 958)
IRS Form 990, Schedule H
2 CFR 200 (federal grant compliance)
Research grant
budgets tracked in real time
IRS Schedule
H prepared automatically from cost allocation data
Endowment compliance
maintained without manual calculation
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