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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

Discrepancies and Budget Overruns Manual time tracking and payroll allocation can result in discrepancies between recorded time and payroll provider data. These discrepancies can lead to budget overruns and difficulties in managing funds effectively.

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Top Accounting Tips for Government Grants

Blackbaud

Working with your program and development teams, your finance staff identifies funding gaps, supplies important budget numbers, sets up projects in your accounting software, establishes spending approvals, and creates reporting schedules. Here are the key roles for your finance office throughout the government grant lifecycle.

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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

indirect costs, matching funds, supplanting). Grant professionals are not merely writers but often content experts, team builders, budget gurus, and the first point of contact for an agency in the funding community. Their expertise in program and budget planning is invaluable. braided funding strategies, direct v.

GPC
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Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

But recent events and changing philosophies on overhead costs have shed light on these expenses, which are required to run a functioning nonprofit. 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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Understanding Indirect Costs: A Brief Overview

Grant Professionals Association

Indirect costs are the backbone of an organization’s operations. Also known as overhead or administrative costs, they ensure organizations smooth functioning. In the grant sphere, indirect costs represent the expenses associated with general operation and support of an organization or project.

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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

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.

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

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.