Grant Professionals Association

MAY 29, 2024

Indirect costs are the backbone of an organization’s operations. In the grant sphere, indirect costs represent the expenses associated with general operation and support of an organization or project. In grant proposals, organizations often include a request for funding to cover their indirect costs.

Indirect Cost

Blackbaud

APRIL 2, 2024

Managing your grants within your fund accounting system will allow you to budget by grant, report on budget vs actuals, and review grant activity, so you can quickly and easily answer these questions. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards.

Indirect Cost

Blackbaud

NOVEMBER 8, 2023

Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Knowing how you want to handle indirect costs before you apply for government grants will speed up the application and reporting processes. Review them regularly against the approved budget.

Government

Blackbaud

APRIL 4, 2024

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Calculating indirect costs can be challenging. Do we have the funds this year to maintain our programs?

Finance

Blackbaud

DECEMBER 20, 2023

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. Lead a Revenue-Wise Strategy Session As a financial leader, you touch all areas of your nonprofit organization through budgeting, forecasting, and expense management. So many nonprofits found 2023 to be particularly stressful.

Indirect Cost

Assel Grant Services

SEPTEMBER 23, 2024

Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means? These indirect costs can be allocated to grant proposals. These indirect costs can be allocated to grant proposals. What are indirect costs? That is an indirect expense to this particular grant project.

Indirect Cost

Candid

JULY 13, 2023

In this blog, we share the major types of grant proposal documents, their components, and free sample resources to show you what a successful version of each one looks like. Proposal budgets Proposal budgets may seem a bit dull, but many funders say it’s the first part of a grant proposal that they read. Proposal budget.

Proposal

Qgiv

APRIL 11, 2023

Examples of direct donor signals include: Surveys Conversations with donors Direct messages or tagging your organization on social media Indirect signals are a bit less obvious, but no less valuable. Typically reading donor signals that are indirect requires some sort of software tools to gather that data. What are Donor Signals?

Indirect

Candid

FEBRUARY 22, 2023

Our aim is to give individuals the ability to focus more time and energy on applying new learnings to advance their mission-driven work, without needing to find budget to simply partake in nonprofit training and learning opportunities. Creating a Sound Proposal Budget.

Training

Candid

FEBRUARY 7, 2023

In this blog, we will share the key elements of a typical project proposal and best practices for how to approach drafting each section to help you secure the grant you seek. Project budget Here you’ll get down to the dollars and cents required to address your need or problem.

Proposal

Grant Writing Made Easy

MAY 1, 2024

If hearing about nonprofit budgets makes you cringe a little ( or a lot ), keep reading. In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. We’ve got you.

Budget

Blackbaud

JUNE 25, 2024

But like the rest of the nonprofit world, you face unique challenges when it comes to retaining employees, ranging from tight compensation budgets to work-balance issues. This will help you determine the best indirect benefits to offer in addition to cash compensation. Offer competitive compensation.

Indirect

Blackbaud

AUGUST 20, 2024

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. From required statements of financial position and budgets to dashboards that compare your revenue streams over time, you often share your financial stories through your reports.

Finance

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. Not only does this help you budget and forecast better, but this information also makes creating annual reports and website updates easier. Restricted funds often outline what they will fund and what they won’t.

Funding

Tech Soup

JULY 18, 2017

Every day, cultural and nonprofit institutions face unique challenges while working towards a mission with a small technical staff and digital budget. They receive ongoing budget priority and dedicated resources. This blog post was originally published on Elevated Third's blog. Think in Terms of Conversions.

Indirect

Blackbaud

SEPTEMBER 19, 2024

Nonprofits use the Statement of Cash Flows in several key ways: Planning and Budgeting: Forecasts cash needs and plans for future expenses. Indirect Method: Starts with net income and adjusts for changes in non-cash items and changes in working capital to arrive at cash flows from operating activities.

Finance

Grant Professionals Association

JULY 25, 2023

When I’m trying to balance a Logic Model, Work Plan, twelve attachments, budget narrative, project abstract, and a thirty-page narrative, the last thing I need are twenty-minute debates about “how come they are getting more than we are?” I’ve even negotiated that none of us ask for Indirect Costs so all the money goes directly to the program!

Indirect Cost

Assel Grant Services

JULY 21, 2024

Office of Management and Budget (OMB), an agency within the Executive Office of the President, issues government-wide grants-related guidance for federal departments and agencies and is responsible for the maintenance of this document. This blog post is aligned with the Grant Professional Certification Institute ’s Competencies and Skills.

GPC

Greater Giving

JANUARY 21, 2025

Also called administrative or indirect costs, theyre typically not tied to specific programs or activitiesmeaning they indirectly support your mission. Then, regularly review your expenses to ensure you adhere to your budget and understand how much you typically spend on overhead. Negotiate with vendors.

Management

Peak Proposals

DECEMBER 22, 2019

Our blog posts typically focus on grant strategies for nonprofit institutions. Understanding Proposal Budgets a. Budget Preparation and Review b. Key Budgeting Concepts VI. Funders have different budgets, funding priorities, and missions. on our blog ). The topic is research funding. Urgent Funding Needs V.

Funding

Assel Grant Services

JULY 14, 2024

For many funders, costs to prepare an application (or pre-award costs) and fundraising expenses are not allowable direct or indirect expenses. The best practice is to reduce risk by accepting a salary or fee for grant writing services that are not included in the proposal budget. Why is this addressed so thoroughly?

Ethics

Candid

AUGUST 29, 2023

So, in this blog, I’m leveraging my PhD in Psychology to share a bit about what burnout is, why it seems to be everywhere in the nonprofit world, and what organizations, leaders, and individuals can do about it. budget, team members, skillsets, technology, time, emotional support). Also consider easing demands (e.g.,

Burnout

Assel Grant Services

MARCH 24, 2024

It’s alarming how much we lie on our org budgets and shortchange ourselves…. Stop thinking a shoe-string budget is some mark of resourcefulness and efficiency. Even the federal government is considering increasing the de minimus indirect cost rate from 10% to 15% in 2024. Identify factors that limit how budgets are written (e.g.,

GPC

Get Fully Funded

DECEMBER 1, 2010

If we break our budget down by number of families, months, days, etc. If you’ll look on my blog, there’s a whole category of articles about direct mail. Indirect service Nonprofits. Q: Our donor base is all over the map in terms of personal wealth. We house homeless women and children. I.E. $1,666/month per family or $54.80

Electronics

Grant Professionals Association

MAY 21, 2025

A well-prepared budget will instill confidence in your project and boost your chances of being funded. Here are a few tips, drawn from lessons learned: Start Early: Too often, budgets are put together at the last minute after the project design has been finalized, only to realize that the planned activities and outcomes exceed the budget.

Budget