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Decoding the Enigma: Unveiling the Power of What is a Grant

Allied Grant Writers

Businesses Small businesses and startups can obtain grants to finance new projects, conduct research, or expand operations, often helping them gain a competitive edge in the market. Each type of grant has its own purpose, eligibility requirements, and application processes.

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Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

Most nonprofit finance teams have been taught to keep their overhead costs buried deep within their financial statements. Office of Management and Budget (OMB) revised their uniform guidance in 2024, increasing the de minimus (or standard) rate allowed for indirect costs—overhead for federal grants—from 10 to 15%.

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More Than Fiduciary Oversight – How Board Members Can Support the Grant Writing Team by Megan Campbell, MPA, GPC

Assel Grant Services

While board members play an important role in assuring agency finances and grant funds are treated ethically, they are also partially responsible for resource development that is, ensuring their organization has the resources needed to fulfill its mission. Understand the issues that could impact their nonprofit agencys finances (e.g.,

GPC
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Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Each grant typically has a specific focus area and eligibility criteria, which applicants must meet. By understanding both the purpose of grants and their importance for financial stability, applicants are better positioned to succeed in securing the funding they need.

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Community Boost

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What’s New and What’s Next: Why Your Finance Team Should Attend bbcon 2024

Blackbaud

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. They will explore the roadmap beyond the total web solution with a focus on real-world applications of AI and enhanced interoperability across the NXT suite. Reporting is a key part of any finance professional’s role.

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Relying on core policies that include both finance and program offices improves collaboration because everyone knows what their roles are and where the directive comes from. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Receiving the Grant Award Congratulations on winning the grant!