Candid

MAY 14, 2025

Thats because the financing of new or preserved affordable homes is something like a Jenga tower. But when you pull out one financing tile, you have to make up for that money in some other way, either through loans, additional debt, or other cost savings.

Finance

The Fundraising Coach

JANUARY 17, 2025

From tight budgets to limited staffing, these hurdles can make even the simplest event feel overwhelming. Budget Constraints Tight finances can make it difficult to secure venues, hire vendors, and provide high-quality experiences for attendees. Group discounts can also inspire more people to attend.

Budget

The NonProfit Times

NOVEMBER 21, 2024

You need to reframe your thinking in three critical areas to get there: budgeting, creative and reporting. 3 key areas for reframing Budgeting: Prioritize audience needs. Rather than allocating budgets by channel, focus on the specific needs of different audience segments. Creative: Craft cohesive experience.

Fundraising

Allied Grant Writers

DECEMBER 25, 2024

Well-articulated grant proposals demonstrate an applicant’s understanding of the project’s goals, budget implications, and anticipated impact. Detailed Budget Proposal A comprehensive budget proposal is essential in demonstrating the financial viability of a project.

Grant Writing

Allied Grant Writers

DECEMBER 25, 2024

Utilize online databases and grant directories to broaden the search. Budget Details how funding should be allocated. Budget A detailed account of the financial resources needed, including direct and indirect costs. To delve deeper into managing finances related to your proposal, explore our article on budgeting for grants.

Grant Writing

Blackbaud

JUNE 20, 2025

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%.

Indirect Cost

Get Fully Funded

FEBRUARY 10, 2025

When you start a nonprofit, one of the most important things to figure out is how to manage your organizations finances. Reducing utility costs by installing low-flow bathroom fixtures at your facility or turning down the heat and air conditioning when no one is in the building.

Management

Seliger + Associates Grant Writing

OCTOBER 27, 2024

As public housing fell out of favor, so did other direct federal housing financing programs like HUD’s long forgotten Sections 235, 236, and 221(d)(3) programs. Eligible applicants are states, local governments, and nonprofit member-owned utility services owning infrastructure outside of, but supporting, a military installation.

Federal Grants

Blackbaud

APRIL 28, 2025

With shrinking budgets and growing demands for accountability, schools must find innovative ways to support their students while achieving institutional goals. Retention is critical for institutions, and studies show that finances are thetop reason students leave college.

Award

Pamela Grow

FEBRUARY 27, 2025

Because your organization cant turn a profit by definition, the goal of tracking your finances is to demonstrate to donors, funders, the government, and the community that youre using your funding responsibly to further your mission. Internally, this report is most useful for budgeting.

Liability

DoJiggy

JULY 29, 2025

Planning successful fundraisers requires clear objectives, effective promotion strategies, and wise budgeting to maximize engagement and financial outcomes. Setting clear objectives, budgeting wisely, and effective promotion are key aspects that can make or break a fundraiser.

Fundraising

Seliger + Associates Grant Writing

OCTOBER 27, 2024

As public housing fell out of favor, so did other direct housing financing programs like HUD’s long forgotten Sections 235, 236, and 221(d)(3) programs. Eligible applicants are states, local governments, and nonprofit member-owned utility services owning infrastructure outside of, but supporting, a military installation. In FY ‘23, $3.8

Federal Grants

Wild Apricot

JULY 23, 2025

Sticking to an event budget. Why Use an Event Budget Template It seems as though events season is always upon us. Whether you’re planning a big trade expo or your annual member’s luncheon, event budgeting crucial for mission-driven organizations. Here’s two budget templates to make your own!

Template

Blackbaud

MARCH 7, 2025

As leaders in nonprofit finance, it’s our job to be prepared for the inevitability of change. We build a budget that is fair, balanced, and built on evidential history, but flexible ready for whatever hiccups and bumps come along. Im sure everyone is mildly familiar with budgeting. Why Do Nonprofit Budgets Change?

Budget

Blackbaud

MAY 6, 2024

Like a good recipe, your nonprofit budget requires high-quality ingredients, easy-to-follow steps, and a knowledgeable cook or two to put it together. But when you have all the pieces—accurate data, a clear process, and a finance team to put it together—you can make a three-course meal look easy.

Budget

Get Fully Funded

MARCH 20, 2023

When you’re just getting started, it’s critical that one of your first steps is to create your nonprofit’s first budget to help you manage both your organization and your finances as it grows. Without a budget, you can find yourself in deep water, fast, with more money going out than coming in.

Budget

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. Analyzing your budget this way also allows you to understand the ROI of each program.

Finance

Blackbaud

MAY 27, 2024

It’s budget season, and the spreadsheet chaos has begun. You want to document your process to save yourself valuable time next budget season. You want to be able to easily report on budgets in a variety of accurate, clear ways without too much fuss, and know what was approved versus what’s been modified. What if it raises more?

Budget

Blackbaud

SEPTEMBER 19, 2024

Nonprofits use the Statement of Cash Flows in several key ways: Planning and Budgeting: Forecasts cash needs and plans for future expenses. By analyzing cash flows from operating, investing, and financing activities, organizations can identify trends, manage expenses, and make strategic decisions about future initiatives.

Finance

Blackbaud

NOVEMBER 6, 2023

As technology and the times have changed, you now can be more flexible and utilize integrations and partners to expand your current software to meet your changing needs. Having the bandwidth, skills, and budget to create a custom software solution is not something nonprofits often have the privilege of doing. Reach a Wider Audience.

Funding

Blackbaud

MAY 28, 2024

Responsibilities such as running the audit, preparing the fiscal year budget, paying bills, telling finance committees what the numbers mean, and identifying what’s at risk are all important. Identify cash reserves , fixed assets, and designated investments to keep the business office ahead of the Finance Committee curve.

Finance

Grant Writing Made Easy

MAY 1, 2024

If hearing about nonprofit budgets makes you cringe a little ( or a lot ), keep reading. In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. We’ve got you.

Budget

Blackbaud

DECEMBER 20, 2023

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store.

Indirect Cost

Candid

JULY 26, 2022

Overhead ratio essentially refers to the amount of a nonprofit’s budget that’s dedicated to overhead costs (i.e. In fact, NPOInfo’s charitable giving statistics state that a whopping 61% of donors claim to choose which nonprofits to support based on how “well” the organization utilizes its funding. What is the overhead myth?

Fundraising

Grant Writer Team

AUGUST 1, 2024

Managing finances can be daunting for many nonprofit professionals, particularly those new to oversight roles within nonprofit organizations. But what exactly does a nonprofit finance committee do? Read on and explore the role of the finance committee with GrantWriterTeam. Why is it so vital to an organization’s success?

Finance

GrantNews

DECEMBER 5, 2023

Considering that most nonprofits seeking grant funding have limited budgets, it is vital to their fundraising goals to ensure that they are utilizing their resources as efficiently as possible to ensure their best possible chances of success. Funding is for both operating and capital funding to finance development of the facilities.

LOI

GiveSmart

APRIL 17, 2024

Financial Management: Implement strong financial management practices, including budgeting, forecasting, and monitoring expenses. Take a look at your current income channels and evaluate if you’re “turning a profit” (ROI) and maintaining stable finances while also staying true to your mission.

Calendar

Blackbaud

MARCH 7, 2024

Often, this leads to large audit adjustments, budget vs actual reporting difficulties, and other funding challenges. The Financial Accounting Standards Board (FASB) introduces guidelines on how nonprofits should handle grants and contracts, and these updates help nonprofits report their finances accurately and in a standard manner.

Finance

Blackbaud

FEBRUARY 15, 2024

Utilize Their Strengths Volunteers feel valued when they can use their expertise for a good cause. If a volunteer is an accountant, suggest their designation be in the finance department. If the budget permits, allow guests. If a meeting is deemed unnecessary, cancel it to make every minute count with your volunteers.

Retainer

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. These can be used to pay operating costs such as rent, utilities, and salaries. Restricted funds often outline what they will fund and what they won’t. What are Unrestricted Funds?

Funding

Get Fully Funded

AUGUST 16, 2024

When well-structured, this document can help you accurately track your income and expenses to streamline budgeting and financial reporting. When handling your nonprofit’s finances in any capacity, a professional’s expertise is always your best bet for getting it right. Use the following tips to maintain your COA.

Liability

Allied Grant Writers

DECEMBER 26, 2024

No Repayment Required : Unlike loans, grants do not need to be paid back, making them a favorable option for financing business initiatives. It should clearly outline the project, its objectives, and how the funds will be utilized. Budget A clear and detailed financial plan, highlighting how grant funds will be spent.

Grant

Just Write Grants

OCTOBER 23, 2023

Navigating the world of nonprofit finances isn’t just about counting pennies; it’s about making each penny count. Practical strategies to minimize overhead costs Analyze and optimize your budget Keep a close eye on your budget, regularly revisiting and revising it to ensure every dollar is utilized to its fullest potential.

Grant Writing

Grant Professionals Association

OCTOBER 9, 2024

The budget portion of grants are written based on today’s pricing for funding that may not come to fruition for six months (or longer). To utilize state grant funding, the organization was supposed to own a piece of equipment outright to be compliant. Many of us recall Cuba Gooding’s iconic words in the movie Jerry McGuire.

Ethics

Allied Grant Writers

DECEMBER 26, 2024

Include an estimated budget and timeline. Inadequate Budget Information A poorly detailed budget can undermine the proposal’s credibility. Be precise and justify all budget line items. Non-profit entities and individuals must fully grasp the requirements to utilize these funds effectively and responsibly.

Government

Blue Avocado

JANUARY 30, 2024

As we’re all probably aware, the grant application usually begins with the detailed conceptualization of the project, followed by the creation of a budget and narrative. On most application budgets, M&G is the last line item and is calculated by multiplying the organization-wide M&G rate by the project’s total expense.

Applicant

Allied Grant Writers

MAY 17, 2021

As you undertake your search for financing, this article contains outlines to give you basic idea of funding structures. The recipient is not required to repay the money, but rather to utilize the funds for the stated purpose, which is usually to benefit a broader good. Budget is a big deal. Review all items very thoroughly.

Government