Remove Donation Remove Indirect Cost Remove Utilities
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Tips For Maximizing Grant Opportunities

The NonProfit Times

Nonprofit managers should pay close attention to any budgetary restrictions, such as allowable expenses, indirect cost rates, matching requirements, and reporting obligations. You should create a detailed budget that accurately reflects the costs associated with implementing the proposed project or program.

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Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

But recent events and changing philosophies on overhead costs have shed light on these expenses, which are required to run a functioning nonprofit. 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%.

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Grants for Church: A Comprehensive Guide to Securing Funding for Ministry and Community Outreach

Allied Grant Writers

Traditionally, funding for these institutions has come from tithes, donations, and local fundraising efforts. Tithes and donations, while essential, are often subject to fluctuations due to economic cycles, demographic shifts, or changes in community engagement.

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What Are Admin Expenses?

Blackbaud

Administrative costs, on the other hand, are how you exist as a nonprofit. Admin costs are incurred as you direct and control the organization itself. They are also called “ overhead ” or, if you are working on a federal grant, “indirect costs.” Why you exist has a bearing on how you exist.

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Elevate Your Funding Prospects: Key Grant Writing Resources Revealed

Allied Grant Writers

Budgets should include: Direct Costs : Expenses that can be directly attributed to the project, such as salaries, materials, and equipment. Indirect Costs : Overhead costs, such as utilities and administrative expenses. In-Kind Contributions : Donations of services or goods that may also support the project.

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Developing a nonprofit budget: The basics and best practices

Candid

covering costs of new programs, onboarding, fundraising, plus existing costs), organize expenses by function (e.g., individual donations, foundation and government grants, corporate gifts and sponsorships, and earned income, e.g., program and service fees, merchandise sales, membership fees). rent, utilities, and marketing).

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Grant Budgeting: Tips for Maximizing Funding Opportunities

The NonProfit Times

Nonprofits should pay close attention to any budgetary restrictions, such as allowable expenses, indirect cost rates, matching requirements, and reporting obligations. Nonprofits should create a detailed budget that accurately reflects the costs associated with implementing the proposed project or program.