Remove Federal Grants Remove Indirect Cost Remove Insurance
article thumbnail

Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

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%. It also includes any legal fees as well as insurance and general office management, like copy paper and ink for the printer.

article thumbnail

Finding Funding for Research

Peak Proposals

It means realizing that if you are doing data collection in the field, you may need to budget for the purchase of some kind of transportation for field staff, including associated costs like fuel and insurance. NICRA covers indirect costs (facilities and administrative costs) and fringe benefit expenses.