Remove Definition Remove Grants Remove Indirect
article thumbnail

Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

And payroll and grant reporting are two areas of your financial processes where accuracy is non-negotiable. You want your staff paid fairly, and you want to maintain good relationships with your grant funders. But allocating your payroll and time to your grants can be a cumbersome, manual, and time-intensive process.

article thumbnail

Decoding the Enigma: Unveiling the Power of What is a Grant

Allied Grant Writers

Introduction to Grants Definition and Purpose of Grants A grant is a financial award provided by a government agency, foundation, or corporation to support initiatives aligned with their objectives. In essence, grants play a critical role in fostering growth and innovation by providing the necessary financial backing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Grant Writing: Master the Art of Winning Proposals

Allied Grant Writers

during this time, yet foundation grants remained stable through economic changes. Writing grants requires organizations to analyze their audience, gather data, build compelling stories, and submit polished proposals. Grants go to organizations based on merit, not just need. Grants are awarded based on merit rather than need.

article thumbnail

Untangling the New Uniform Grant Guidance

RBW Strategy

Untangling the New Uniform Grant Guidance It’s the news that all our grant enthusiasts and compliance champions have been waiting for – the new Uniform Grant Guidance has been issued! This has led to a more robust definitions section and ensures a lack of ambiguity. What is OMB’s Intended Outcome?

UEI
article thumbnail

What’s New and What’s Next: Why Your Finance Team Should Attend bbcon 2024

Blackbaud

If your organization received some of the more than $1 trillion in federal government funding that was available in the past few years, you may now be trying to navigate the complex federal grant requirements. She’ll provide a step-by-step process for integrating federal grant compliance into your organization’s internal controls.

article thumbnail

The Nonprofit Administration Dilemma: How Much Should You Spend on Fundraising?

Get Fully Funded

These are also known as indirect costs, expenses that cannot be tied directly to programs. Fees paid to fundraising consultants or outsourced help like a grant writer. Focus on one signature event, 10 grant proposals, and 1,000 new donors each year. This includes: Staff time attributable to fundraising.

article thumbnail

Taking the Fear out of Grant Management: Conflict of Interest By: Kellie Brungard, GPC

Assel Grant Services

Too often, grant management is seen as a scary, messy aspect of grant funding, and we have a vague understanding of the requirements or components. In the nonprofit field, it’s common for staff to be put in a role where they manage grants but might not have the knowledge or resources to understand what that entails.