Blackbaud

JUNE 20, 2025

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%.

Indirect Cost

Allied Grant Writers

DECEMBER 25, 2024

The main purposes of grants include: Supporting charitable causes Encouraging research and development Promoting educational opportunities Funding community development projects It is important for potential applicants to recognize the true intent behind grants. Indirect Costs : Overhead costs, such as utilities and administrative expenses.

Grant Writing

Allied Grant Writers

JUNE 8, 2025

A strong grant proposal has sections about the organization’s background, project details, story, budget, and ways to measure success. Other mistakes come off the top of my head: unclear goals, not enough preliminary data to prove feasibility, and weak budget justifications. The nonprofit sector gets nearly 31.8%

Grant Writing

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

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. The key is knowing how your organization’s policy and procedure for allocating indirect costs and what this entails.

Indirect Cost

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. Can’t Make It to Seattle?

Finance

GrantNews

JANUARY 11, 2024

Nonprofits pay higher wages than for-profit social assistance organizations, educational institutions, and hospitals. Courts are to submit applications for the adaptation of curricula, or for the implementation of training and educational programs. Funding supports libraries with little access to budget assistance.

Indirect Cost

Peak Proposals

DECEMBER 22, 2019

Understanding Proposal Budgets a. Budget Preparation and Review b. Key Budgeting Concepts VI. Data collected through a project evaluation are used to answer questions such as: How many people or organizations were served/reached/educated? Funders have different budgets, funding priorities, and missions.

Funding