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Top Accounting Tips for Government Grants

Blackbaud

They come with strict compliance requirements, detailed reporting obligations, and potential penalties that could result in claw backs if you aren’t careful with your spending and documentation. Establish your indirect cost rate: Calculate your cost rate and understand the de minimis rate available to your organization.

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The Financial Edge: Crafting Budgets for Grant Success

Allied Grant Writers

The primary parts of a grant budget include personnel costs, project expenses, and administrative and indirect costs. software, hardware). Funders often have guidelines on how much can be allocated for indirect costs, making it essential to understand these limits when budgeting. conferences, site visits).

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Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Key elements of grant guidelines may include: Eligibility criteria (who can apply) Project scope and objectives Required documents (e.g., This section outlines the essential elements of a grant proposal and offers valuable insights into crafting a persuasive document.

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What is Grant Writing: Master the Art of Winning Proposals

Allied Grant Writers

Grant writers serve as documentation specialists and salespeople for their organizations. The document presents a logical flow that explains your project’s need, describes your approach, and details who’ll do the work. List personnel costs (salaries/benefits), travel, equipment, supplies, and indirect costs when allowed.

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Federal Policy and Private Schools: 5 Steps to Navigate Change

Blackbaud

For each source, estimate how much of the total grant or contract might be affected and work with your advancement and business office teams to document the impact on school operations. Document everything for audits. Is there demand for skills-based training for auto technicians or software engineers? Optimize drawdowns.

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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

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?

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

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.