PRINCIPAL
Richard P. Solloway,
President & Founder
Prior to founding Solloway & Associates in 1990, Mr. Solloway spent more than 20 years working in financial management and international development. He served as a senior operations auditor for the Air Force Audit Agency. He performed more than 75 operational audits and reviewed internal controls and operating systems of entities as diverse as hospitals, educational programs, housing/building maintenance, food service and financial institutions.
With the Agency for International Development (USAID), Mr. Solloway served as the Agency's Controller for: the Asia Bureau, southern Africa, Ghana and Panama. He worked with more than 30 African NGOs to strengthen their proposals and establish their systems and procedures, so that they would be grantworthy; and ultimately, they were awarded grants exceeding $30 million. As Assistant Controller for USAID/Washington, he managed a support office with a $70 million budget and a 40 person staff. Among his achievements was the successful development and implementation of two computerized financial accounting systems. Mr. Solloway received numerous government awards.
Mr. Solloway has also served as Acting Director, Grants and Contracts, for Population Services International, and Director, Finance and Administration, for the $36M Management Sciences for Health Pritech project.
For six years, Mr. Solloway was the principal instructor on "Grants Management Financial Analysis" for a HHS professional training program. He has trained grant officials from many federal agencies, e.g. HHS, EPA, State Department, CDC, USAID, IRS and Treasury.
Mr. Solloway has written articles for such publications as Nonprofit World, Frontlines, and NGMA Quarterly Newsletter; and written various manuals on managing federal grants. Mr. Solloway regularly conducts workshops on "An Overview to Managing Federal Grants," and "Indirect Cost Rate!! What Is It? How Is It Calculated" and is a frequent speaker and program facilitator at annual conferences for non-profit organizations that receive federal funds. Topics include: Management of Federal Grants, Problems from the Recipients' Perspective, Subrecipient Monitoring, Issues on Cost-Sharing, and Managing Overseas Field Offices. He also spoke at NGMA's 2004 Annual Conference, titled "A Dozen Tips to Successfully Administering U.S. Grants in Foreign Countries."
Mr. Solloway serves on the Boards of Director of several non-profit organizations, and served as the Chairperson of their Business Committees. He received the National Grants Management Association's Special Achievement Award in April 2000 and the President's Award in April 2003.
Mr. Solloway is a graduate of the University of Florida (BSBA) and the University of Alabama (MBA-with honors). He has a Certificate in Federal Grants Management, is a Certified Government Financial Manager (CGFM), and is a Certified Internal Auditor.
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