Blackbaud

NOVEMBER 8, 2023

Grant funding looks beautiful in your income statement, but if you’re not careful, the reporting requirements can be prickly. In our webinar with Rachel Werner and James Spencer from RBW Strategy, they covered steps to help nonprofits that receive—or are looking to start receiving—government grant funding.

Government

Blackbaud

APRIL 2, 2024

You’ve been grant shopping for some time now, but are you prepared for what’s next once you start to receive them? Many grants come with significant—and detailed—compliance requirements. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements.

Indirect Cost

RBW Strategy

JUNE 24, 2024

In partnership with one of our consulting partners, MJ White Consulting, RBW Strategy began to assist the company with the increased compliance and grants management burdens tied to the administration of federal research grant awards.

Indirect Cost

RBW Strategy

JUNE 3, 2024

In partnership with one of our consulting partners, MJ White Consulting, RBW Strategy began to assist the company with the increased compliance and grants management burdens tied to the administration of federal research grant awards.

Indirect Cost

RBW Strategy

JUNE 11, 2024

Untangling the New Uniform Grant Guidance It’s the news that all our grant enthusiasts and compliance champions have been waiting for – the new Uniform Grant Guidance has been issued! The Top 10 Uniform Grant Guidance Updates Drum roll, please…. What is OMB’s Intended Outcome? Let’s examine each one.

UEI

Blackbaud

DECEMBER 20, 2023

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs. Identify the top line for each channel.

Indirect Cost

Assel Grant Services

SEPTEMBER 23, 2024

By now, I hope you are realizing grant management doesn’t have to be a scary web of confusing topics and rules. With this grant management series, I aim to outline some of the commonly seen issues and provide resources to learn more. Check out the previous posts on conflict of interest policies and procedures and time and effort !

Indirect Cost

Assel Grant Services

SEPTEMBER 4, 2024

Too often, grant management is seen as a scary, messy aspect of grant funding, and we have a vague understanding of the requirements or components. In the nonprofit field, it’s common for staff to be put in a role where they manage grants but might not have the knowledge or resources to understand what that entails.

Grant Management

Assel Grant Services

JULY 21, 2024

Over the past year, you may have overheard grant professionals discussing potential OMB Uniform Guidance updates. Before 2013, federal grant requirements were located in multiple OMB circulars. In essence, this updated, reorganized, and consolidated federal grant management requirements into a single document.

GPC

Tech Soup

JANUARY 29, 2015

If the shelter tracks its program costs just by grant/contract, what happens to expenses that are not chargeable to either of the two contracts? Guidelines from the Office of Management and Budget ( Circular A-122 for information on indirect costs and Uniform grant guidance for updated information on indirect costs determination ).

Indirect Cost

Get Fully Funded

JANUARY 16, 2024

Grants provided by the government and foundations. Fiscal Policies and Procedures Along with your budget, your fiscal policies and procedures provide guidance for how your team should handle your organization’s funds day to day. Compile all of these policies in a handbook to serve as a reference for your employees.

Policy

Blackbaud

FEBRUARY 22, 2025

Highly recommend: creating and inserting a stylized illustration of the equation for the scrollers The above calculation can be simplified even further: NTR = Total Tuition Tuition Modifiers (scholarships, grants, discounts, etc.). Strengthen retention efforts: Retaining current students is more cost-effective than recruiting new ones.

Metrics

DoJiggy

MARCH 5, 2024

Achieving 501(c)(3) status not only provides significant benefits, including tax exemptions and grant eligibility, but also requires adherence to specific operational and legal criteria. Direct or indirect participation in political campaigns on behalf of or in opposition to any candidate for public office is prohibited.

Donation

Assel Grant Services

JULY 14, 2024

Within the grant profession, the Grant Professionals Association (GPA) has defined a clear code of ethics for members to abide by and establish boundaries within practice that uphold the integrity of the industry. Mission Creep Organizations often see grant funding as an opportunity to launch a new program.

Ethics

Greater Giving

JANUARY 21, 2025

Also called administrative or indirect costs, theyre typically not tied to specific programs or activitiesmeaning they indirectly support your mission. Nonprofit overhead costs are expenses supporting an organizations operations and infrastructure. Look for a fractional CFO who specializes in nonprofit financial management.

Management

Peak Proposals

FEBRUARY 16, 2020

Developing a grant strategy involves identifying the funders and funding opportunities you intend to pursue over a certain period of time (usually a 12-month period, although it could be longer). Grant strategies should be updated at least annually. Why Develop a Grant Strategy?

Grant

Peak Proposals

DECEMBER 22, 2019

Our blog posts typically focus on grant strategies for nonprofit institutions. Through our work in grant development, we’ve met many faculty members who have not received training on how to find funding or write grant proposals. Creating a Realistic Timeline for Preparing Your Grant Proposal a. Key Budgeting Concepts VI.

Funding

Peak Proposals

AUGUST 1, 2023

Read “Formatting Tips to Make Your Grant Proposal a Standout” 3. a 5-year grant vs. a 1-year grant) that intend to reach a large number of beneficiaries and achieve a lengthy list of outcomes and deliverables. ☞ Interested in formatting tips? They touch on the where, how, what, and when of the project, and matters of scale.

Funding

Grant Writing Made Easy

MAY 1, 2024

In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. As highlighted by the 2024 GPA report , a well-prepared budget is not just beneficial but essential for securing grants and sustaining operations.

Budget

Get Fully Funded

JULY 8, 2024

And you need the right practices and policies in place to ensure those employees are prepared to do their jobs well and have a positive employment experience at your organization. Project-reliant staffing : Many nonprofits depend on grants and other project- or program-specific funding. Regulatory compliance. Recruitment and retention.

IT

Get Fully Funded

OCTOBER 14, 2021

Project-reliant staffing: Many nonprofits depend on grants and other forms of project or program-specific funding. These include the Fair Labor Standards Act, social security policies, OSHA requirements, and all state and local labor regulations. Experts in the field recommend a “total rewards” approach to employee compensation.

IT

Candid

AUGUST 29, 2023

Consider increasing resources by providing more funding to cover indirect costs and general operating support. deadlines, reporting, grant applications) when possible. So, here are some concrete steps to decrease our collective burnout: Funders can help by recalibrating their expectations of nonprofit partners.

Burnout

The NonProfit Times

NOVEMBER 14, 2024

Fundraising: This category includes all expenses related to soliciting donations, grants, and other forms of financial support. Indirect allocation is the more complex method and should be used when the cost benefits multiple functions. Not only is it important that a policy is in place, but that it is followed and applied.

Indirect