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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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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.

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Questions to Ask Before Responding to a Funding Opportunity

Peak Proposals

The areas where questions typically come up tend to fall into one of six buckets: (1) eligibility, (2) formatting, (3) scope, (4) personnel, (5) budget, and (6) partnerships. Still others may provide level-of-effort guidelines, such as “Key personnel must be budgeted for a minimum of x% FTE [full-time equivalent] on the grant.”