Budget & Finance
From Margins to Center (M2C) work is funded through a Supporting Effective Educator Development (SEED) Grant awarded to the National Board from the US Department of Education. As such, the National Board and Partner Sites are subject to following federal regulations regarding using grant funds and keeping appropriate documentation.
Please see below for all financial regulations and expense reporting procedures for the M2C program. If you have any questions, please email Claire Brown (cbrown@nbpts.org).
Financial Regulations
Margins to Center Fiscal Guidelines and Procedures
Please reference the Margins to Center Fiscal Guidelines and Procedures for all National Board and Federal spending guidelines related to M2C work.
Margins to Center Financial Regulations
Please reference this Grant and Project Management presentation as an introduction to the financial guidelines and regulations of the M2C grant.
Margins to Center Travel Policy
National Board policy is to reimburse for reasonable and necessary expenses incurred in connection with approved travel on behalf of the M2C Program. Please reference the Travel Policy when purchasing and reporting travel related expenses.
Margins to Center Partner Site Account Codes
Please reference these Account Codes when creating, allocating, and categorizing funds within your Partner Site budget.
Expense Reporting
Margins to Center Partner Site Expense Reporting Procedures
The M2C team will be using Zoho to track the spending of grant funds and the allocation of matching funds. Here you can view detailed instructions on how to submit Monthly Expense Reports for your Partner Site.
View a walk-through of how to report expenses in Zoho. You may reference specific video time stamps below.
- Zoho Expense Log In (0:15)
- Expense Info (0:47)
- Monthly Reports (3:46)
- Purchase Requests (6:43)
- View Analytics (8:42)
Here is a Time and Effort report for submitting personnel expenses in your Monthly Expense Report within Zoho. This documentation is required for all employees whose time is not allocated 100% to the Margins to Center Grant.