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How to Develop Your Nonprofit Operating Reserves

Blackbaud

Being able to defend, explain, and educate your stakeholders why youve chosen a specific reserve amount is the key. The real takeaway here is to be able to articulate why the operating reserve fund exists for your organization and clearly understand the purpose, rather than getting hung up on the aggregate number.

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Top Accounting Tips for Government Grants

Blackbaud

Know your numbers: Review any similar programs and calculate average cost per participant, personnel time allocation percentages, and indirect cost ratios to inform budget projections. Establish your indirect cost rate: Calculate your cost rate and understand the de minimis rate available to your organization.

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Federal Policy and Private Schools: 5 Steps to Navigate Change

Blackbaud

Due to the current ambiguity around government funding—including the recent cuts to the Department of Education and impoundment of Elementary and Secondary Education Act (ESEA) Title funds—schools are looking for strategies to navigate shifting tides. Assess how critical those funds are to school operations.

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Taking the Fear out of Grant Management: Indirect Cost Allocation By: Kellie Brungard, GPC

Assel Grant Services

Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means? These indirect costs can be allocated to grant proposals. These indirect costs can be allocated to grant proposals. What are indirect costs? That is an indirect expense to this particular grant project.

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Finding Funding for Research

Peak Proposals

Data collected through a project evaluation are used to answer questions such as: How many people or organizations were served/reached/educated? Regardless of your area of expertise and whether you are employed by a nonprofit or educational institution, you will find that the list of viable funders is going to be manageable.

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Updating Your Grant Strategy

Peak Proposals

To create a realistic strategy, you also need to be familiar with the general funding environment as well as the funding environment specific to your area of focus, such as education, agriculture, health, or environment. they do not allow indirect or overhead costs)? Reputation : Is your organization in good financial standing?