Remove Finance Remove Indirect Cost Remove NICRA
article thumbnail

Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

Most nonprofit finance teams have been taught to keep their overhead costs buried deep within their financial statements. But recent events and changing philosophies on overhead costs have shed light on these expenses, which are required to run a functioning nonprofit. Overhead vs Indirect Costs: What’s the Difference?

article thumbnail

Finding Funding for Research

Peak Proposals

USG negotiated indirect cost rate: In the case of USG grant applications, many institutions (this includes both educational institutions and nonprofits) have a Negotiated Indirect Cost Rate Agreement (NICRA) with the US government.