Blackbaud

JULY 23, 2025

Why this is important Public funding may only constitute a small portion of your budget, but it could mean the difference between having programs and accommodations or not. Run budget scenarios to understand your short and long-term challenges. Update forecasts and budgets to reflect any changes.

Policy

Blackbaud

APRIL 2, 2024

With a fund accounting software system designed for nonprofits, you can fully track all your grants, especially restricted grants, in one place. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards. Ready to tackle the tasks of grants?

Indirect Cost

Blackbaud

NOVEMBER 8, 2023

Identify a place to store documentation, including applications and relevant policies, in a place where everyone has access, such as within the grant record within your fund accounting software or a cloud storage tool. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate.

Government

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

Blackbaud

DECEMBER 20, 2023

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. Lead a Revenue-Wise Strategy Session As a financial leader, you touch all areas of your nonprofit organization through budgeting, forecasting, and expense management. So many nonprofits found 2023 to be particularly stressful.

Indirect Cost

Qgiv

APRIL 11, 2023

Examples of direct donor signals include: Surveys Conversations with donors Direct messages or tagging your organization on social media Indirect signals are a bit less obvious, but no less valuable. Typically reading donor signals that are indirect requires some sort of software tools to gather that data.

Indirect

Get Fully Funded

FEBRUARY 22, 2022

As the costs add up, you might be asking: How much of a nonprofit’s annual budget should be spent on administrative tasks and fundraising? Look at it this way: If you’re not spending at least 15% of your budget on fundraising, you may be standing in the way of your own success. You may find yourself spending money on the tech tools.

Fundraising

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

Tech Soup

JULY 18, 2017

Every day, cultural and nonprofit institutions face unique challenges while working towards a mission with a small technical staff and digital budget. They receive ongoing budget priority and dedicated resources. Open-source software differs from other platforms in that it doesn't cost anything to license and use.

Indirect

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. Not only does this help you budget and forecast better, but this information also makes creating annual reports and website updates easier. Restricted funds often outline what they will fund and what they won’t.

Funding

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. Indirect Method: Starts with net income and adjusts for changes in non-cash items and changes in working capital to arrive at cash flows from operating activities.

Finance

Greater Giving

JANUARY 21, 2025

Also called administrative or indirect costs, theyre typically not tied to specific programs or activitiesmeaning they indirectly support your mission. Use accounting software to create a chart of accounts that separates overhead and program expenses. Track overhead. Negotiate with vendors.

Management

Peak Proposals

DECEMBER 22, 2019

Understanding Proposal Budgets a. Budget Preparation and Review b. Key Budgeting Concepts VI. Funders have different budgets, funding priorities, and missions. Understanding Proposal Budgets When you search for potential funders, it is beneficial to have a sense of how much your project will cost.

Funding

Pamela Grow

JULY 24, 2024

Your team will need to manage many moving parts, budget carefully, and stay organized to achieve your event fundraising goal. The competition with other supporters is indirect, but participants can bid on as many items as they want at the same time.

Procurement

The NonProfit Times

NOVEMBER 14, 2024

Indirect allocation is the more complex method and should be used when the cost benefits multiple functions. The most common allocation methodologies for indirect allocation include employee time and square footage. The nature of the cost will depend on how it should be allocated.

Indirect