Remove Finance Remove Indirect Remove Utilities
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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. 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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Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Utilize online databases and grant directories to broaden the search. Budget A detailed account of the financial resources needed, including direct and indirect costs. To delve deeper into managing finances related to your proposal, explore our article on budgeting for grants. Their insights can identify areas for improvement.

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What Are Admin Expenses?

Blackbaud

They are also called “ overhead ” or, if you are working on a federal grant, “indirect costs.” A food bank spending the same 15% on admin costs, on the other hand, may be running less efficiently than the museum, or they may be focused on providing fresh, less processed food that requires more refrigeration, increasing utility costs.

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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

Develop a more accurate overall budget In collaboration with your organization’s finance committee, create a more accurate overall budget by using project or program-based budgets. Calculating indirect costs can be challenging. But it does need to be part of a larger, intentional conversation about being a revenue-wise organization.

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Tip 2: Bring both your program and finance teams into the grant application and award process.

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Statement of Cash Flows: How Nonprofits Track Inflow and Outflow of Money

Blackbaud

By analyzing cash flows from operating, investing, and financing activities, organizations can identify trends, manage expenses, and make strategic decisions about future initiatives. The Statement of Cash Flows is divided into three sections: Operating Activities, Investing Activities, and Financing Activities.

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Independent Retailers – the Backbone of Business and Industry

GrantNews

Funding will be for operating expenses, including utilities, rent, supplies and materials, food and beverage inventory, and supplier costs. Grants support those who often struggle to secure capital and resources, as they are systematically shut out from traditional financing.