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Grant Budgets for Nonprofits: Common Budget Mistakes to Avoid

Grant Writing Made Easy

But when it comes to grant writing, your budget isn’t just an attachment or requirement to fulfill. Grant budgets are a crucial part of the story you’re telling funders. For better or worse, your budget can make or break your chances of funding, despite the quality of the grant narrative itself.

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What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

That’s why thorough planning and budgeting are so important. Marketing Materials: Budget $500 to $1,500 for printed materials, social media ads, and outreach efforts. Technology and Software: Budget around $1,000 annually for basic tools (email, accounting software, website hosting). First, look at he 990 Search Tool.

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How Nonprofits Can Manage Cash Flow During Financial Challenges

Blackbaud

While you may already have an annual budget and are reporting against it, the question remains: are you planning for cash? Begin by taking your monthly budget and assuming you pay everything on the first of the month. Scenario Planning Create a budget that zeroes out any government funding and make a plan from there.

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Understanding Fiscal Agents: What They Do and When You Need One 

Wild Apricot

Whether you’re just getting started or looking for a way to manage grants and donations more effectively, understanding fiscal agents can help you move forward with fewer risks and more confidence. Here’s what that usually includes: Receiving and managing funds : The fiscal agent collects donations and grant money on your behalf.

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Supporting nonprofit and mission-driven affordable housing providers 

Candid

This lowers property revenue, even as material, labor, and insurance costs risea combination thats making building and operating affordable housing extremely difficult, or even infeasible. Current estimates are that nearly five million households are behind on rent, adding up to a total rent debt of $9 billion.

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4 Nonprofit Financial Management Challenges (& Solutions)

Get Fully Funded

However, you can strategically cut other administrative costs by: Evaluating your organizations insurance plan to ensure youre getting the right amount of coverage for the best price. Solution: Invest in Dedicated Accounting Software As soon as its feasible given your nonprofits budget, add an accounting platform to your tech stack.

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Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

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%. It also includes any legal fees as well as insurance and general office management, like copy paper and ink for the printer.