Remove Budget Remove Federal Grants Remove Finance
article thumbnail

Demystifying Grant Attachments: A Complete Guide to Boost Your Funding Success

Millionaire Grant Lady

Unfortunately, every foundation, corporation, and state or federal department has a different list of things they want to see. At minimum, you will always want to submit your IRS Determination Letter, proving that youre a non-profit, and a program budget (or overall budget, if youre looking for general operating funding).

article thumbnail

9 Tips to Increase Your Chances of Winning a Grant

GrantNews

Although government grants are still big money , organizations should keep in mind you likely have less than a 50% chance of winning a grant. 2) Submit at Least Three Grant Applications The more applications you submit, the greater the likelihood of being awarded a grant.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In it to Win It: Building the Grants Audit-Planning Team

Grant Professionals Association

Much like athletes, grant professionals must prepare well in advance to perform at their best. Every grant professional will face an audit at some point, whether it’s part of the annual nonprofit tax filing or a formal public grant audit from years past. Does it clearly explain why each budget item is necessary?

IT
article thumbnail

Top Accounting Tips for Government Grants

Blackbaud

This guide covers the fundamentals that your finance team needs to know during every stage of the grant so you can handle it confidently from award to closeout. Understanding the Grant Lifecycle for the Finance Office Government grants follow a predictable journey, and the finance team plays a mission-critical role at each stage.

article thumbnail

Grant Writing Tip: Using federal grants to fund building or purchasing/renovating a building

Seliger + Associates Grant Writing

We get many calls from nonprofits and public agencies seeking federal grants to build or buy and renovate a building*—the proposed uses could be anything from a youth center to a SUD treatment facility to affordable housing. A similar process unfolded for many other federal grant programs for funding facilities.

article thumbnail

Beyond the Award: Why Every Grant Professional Needs Post-Award Management Skills

Grant Professionals Association

Over the last 20+ years, I have been privileged to help hundreds of organizations receive significant grant funding. Many of these grant awards have been large federal grants that advanced an organization both in its mission and its overall capacity. Securing the grant itself is, of course, an achievement.

article thumbnail

Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

Most nonprofit finance teams have been taught to keep their overhead costs buried deep within their financial statements. 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%.