Candid

JUNE 5, 2025

The article also points you to additional Candid resources on developing a nonprofit budget, including our free trainings: What do funders look for in grant proposal budgets? grants and other contributions) and anticipated expenses, including direct costs (e.g., staff time, supplies, and evaluation), and indirect costs (e.g.,

Budget

Assel Grant Services

SEPTEMBER 23, 2024

There are two essential things to remember when broaching grant management: You don’t have to change everything overnight, so take learning piece by piece and you will continue to grow your understanding and application. Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means?

Indirect Cost

Blackbaud

DECEMBER 20, 2023

Tip 2: Bring both your program and finance teams into the grant application and award process. Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization. Check out our whitepaper, How to Get Started with Automation at Your Nonprofit Financial Office.

Indirect Cost

RBW Strategy

JUNE 11, 2024

Objective 4: Rewriting Applicable Sections in Plan Language : For those who have read NOFOs, this can sometimes lead to additional questions and confusion, and another team member must review it to maintain a shared understanding of the guidance. This has led to a more robust definitions section and ensures a lack of ambiguity.

UEI

Candid

JUNE 9, 2022

Proposal project budgets are the budgets you submit to a funder as part of a grant application. Many funders say that the proposal project budget is the first part of the application they look at so they’re a great way to make your case for funding. . How should I get started? .

Budget

Candid

FEBRUARY 7, 2023

Given you are competing with other applicants, don’t forget to align your need statement with your funder’s objectives. Your project budget will ideally mirror the associated direct and indirect costs of the items outlined in your project description, such as staffing, rent, supplies, promotion, and the like.

Proposal

GrantNews

JANUARY 11, 2024

Reality: Operating costs, such as paying utility bills, rent, salaries, and investing in office equipment are referred to by a variety of names, including “overhead,” “administrative costs,” and “indirect costs.” Additionally, applicants must serve a high percentage of low-income youth.

Indirect Cost

Grant Geek

MARCH 1, 2022

When developing a grant proposal application, the funder will make a vast number of requests for information regarding your organization and program. One of the most important elements within the application is the Project Budget and Budget Justification. Some grants also require the applicant to match a portion of their budget.

Budget

Grant Writing Made Easy

MAY 20, 2024

Itemize and justify each cost associated with the project, from direct costs like materials and labor to indirect costs such as administrative expenses. Also, consider including information about other funding sources, if applicable, to demonstrate financial diversification and sustainability.

Grant Writing

Grant Writing Made Easy

MAY 1, 2024

They are critical for grant applications as they demonstrate to funders how their contributions will be specifically utilized. Components: Direct Costs: Expenses that are directly tied to the program, such as materials, staff salaries specific to the program, and direct operational costs.

Budget

Peak Proposals

DECEMBER 22, 2019

Through our work in grant development, we’ve met many faculty members who have not received training on how to find funding or write grant proposals. As a grant applicant, you may not have a choice regarding the development of the monitoring and evaluation (M&E) plan in your proposal. How many service sites were opened?

Funding

Candid

AUGUST 29, 2023

Consider increasing resources by providing more funding to cover indirect costs and general operating support. deadlines, reporting, grant applications) when possible. So, here are some concrete steps to decrease our collective burnout: Funders can help by recalibrating their expectations of nonprofit partners.

Burnout