Blackbaud

JUNE 20, 2025

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%.

Indirect Cost

Allied Grant Writers

MARCH 17, 2025

Traditionally, funding for these institutions has come from tithes, donations, and local fundraising efforts. Attend Workshops and Training Sessions Numerous nonprofits, local governments, and community colleges offer workshops on grant writing and fundraising.

Funding

Candid

JUNE 5, 2025

Building a nonprofit budget can be intimidating, not only for new projects or organizations but for all nonprofits when the fundraising outlook is uncertain. covering costs of new programs, onboarding, fundraising, plus existing costs), organize expenses by function (e.g., rent, utilities, and marketing).

Budget

PKS Grants & Accounting Solutions

JULY 9, 2018

Nonprofits Guide to Applying and Negotiating an Indirect Cost Rate In the previous article, we learned “ Why Your Organization Needs A Negotiated Indirect Cost Rate? ” Final rate - This is applicable to a specified past period which is based on the actual costs of the period. Let’s begin. See 2 CFR 200.19

Indirect Cost

The NonProfit Times

MAY 28, 2024

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.

Budget

Blackbaud

DECEMBER 20, 2023

Tip 1: Categorize your revenue types, such as fundraising, grants, and earned income. Tip 2: Gather information on your revenue diversity (do you have different types of income, or does it all mainly come from fundraising, for example), restricted vs. unrestricted balances, profit margin, and months of cash on hand.

Indirect Cost

Blackbaud

APRIL 4, 2024

For each program, break down its actual revenue and expenses, including its necessary overhead, such as your staff’s time devoted to office administration, marketing and fundraising for such program. Calculating indirect costs can be challenging.

Finance