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Tips For Maximizing Grant Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofits growth, and it starts with crafting a well-planned and realistic budget. Before diving into the budgeting process, its essential for nonprofit managers to thoroughly review the grant guidelines and restrictions provided by the funding organization.

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Developing a nonprofit budget: The basics and best practices

Candid

Building a nonprofit budget can be intimidating, not only for new projects or organizations but for all nonprofits when the fundraising outlook is uncertain. Yet, a challenging environment makes developing a strong, credible budget even more important. Here’s how to get started: The basics of building a nonprofit budget.

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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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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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Grants for Church: A Comprehensive Guide to Securing Funding for Ministry and Community Outreach

Allied Grant Writers

Traditionally, funding for these institutions has come from tithes, donations, and local fundraising efforts. Tithes and donations, while essential, are often subject to fluctuations due to economic cycles, demographic shifts, or changes in community engagement.

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Elevate Your Funding Prospects: Key Grant Writing Resources Revealed

Allied Grant Writers

Budgeting and Financial Reporting Accurate budgeting and financial reporting are vital components of grant writing. A detailed budget outlines how funds will be allocated and ensures transparency and accountability. Indirect Costs : Overhead costs, such as utilities and administrative expenses.

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Grant Budgeting: Tips for Maximizing Funding Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofit’s growth, and it starts with crafting a well-planned and realistic budget. Understanding the specific requirements and limitations outlined in the grant application is crucial for developing a budget that aligns with the funder’s priorities and expectations.