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House Passes Budget Reconciliation Bill That Would Tax Nonprofits Nearly $50B

NonProfit PRO

The budget reconciliation bill Republicans are calling The One, Big, Beautiful Bill heads to the Senate despite cries from the nonprofit sector that it would hand over a $50 billion tax bill to tax-exempt organizations over the next decade.

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10 Steps to Creating an Effective Nonprofit Budget

Blackbaud

Budgeting for a nonprofit organization is much like planning that road trip. In this blog post, you’ll learn the essential steps for creating an effective nonprofit budget. What Is the Purpose of a Budget for Nonprofits? At its core, your budget is a list of expected revenue and expenses for a set timeframe.

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Top Accounting Tips for Government Grants

Blackbaud

Government grants are always competitive. But with fewer opportunities coming from federal and state programs, your organization needs to have all your financial ducks in a row if you want to earn—and keep—government funding. Government grants operate differently than most other revenue streams.

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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. These include state and local governments, foundation and corporate grant opportunities, individual contracts, and all federal grant-making agencies.

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Best practices for a project budget in uncertain times 

Candid

How do you calculate the correct costs for a project and follow best practices for budgeting if there’s no certainty about sources of income and anticipated expenses? How do you use your project budget to demonstrate credibility with grantmakers ? It also means listening to their suggestions of how to show such changes in your budget.

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Adaptive funder strategies for supporting nonprofits in 2025 amid funding uncertainty 

Candid

Some foundations are going a step further and increasing their support of existing grantees to help make up for shortfalls in funding from other sources—increasing the size of grants to individual grantees, increasing their budgets, and/or giving above the 5% minimum distribution requirement.

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Facing Federal Defunding, Nonprofits Draft Best and Worst Case Budgets

The Chronicle of Philanthropy

Organizations are struggling to plan amid uncertainty about government funds. As a result, some are crafting multiple spending options.