In this blog post, we delve into the vital role of the Office of Management and Budget (OMB) concerning the revisions made to 2 CFR 200, illuminating how these changes reshape the landscape for federal grantees and subrecipients. We'll explore the key amendments that impact funding recipients, ensuring that you understand the critical implications for your nonprofit organization. Additionally, we offer best practices to help you navigate the updated OMB guidance, empowering you to maintain compliance in your grant management processes and maximize your funding potential. Stay informed and proactive with the insights provided as you adapt to these essential regulatory updates.