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Understanding Indirect Costs: A Brief Overview

Grant Professionals Association

Indirect costs are the backbone of an organization’s operations. In the grant sphere, indirect costs represent the expenses associated with general operation and support of an organization or project. In grant proposals, organizations often include a request for funding to cover their indirect costs.

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Nonprofit Strategy: Three Things to Cleverly Finagle

Clairification

transitive ) To obtain, arrange, or achieve by indirect, complicated and/or intensive efforts. I think the word has come to mean “using super-human negotiating skill to obtain a superior result “ Terry sent me this: I thought you meant “obtain (something) by indirect or involved means.” finagle a day off work.

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Inspire Donors and Boost Donations With a Core Number

CauseVox

Key takeaways: Understand how to present your Ask in a way that sparks a donor’s heart and motivates them to give using a Core Number Learn how to calculate your Core Number (so it covers both direct and indirect expenses!)

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Nonprofits Guide to Applying and Negotiating an Indirect Cost Rate

PKS Grants & Accounting Solutions

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? ” The cognizant agency will receive your completed indirect cost rate proposal to further negotiate a rate for your nonprofit. Let’s begin. See 2 CFR 200.19

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Mardi Gras giving: Grants supporting the LGBTQIA+ communities

Strategic Grants

The program supports projects proposed by individuals and or organisations and or communities who would otherwise be limited by the constraints of other funding programs. The project needs to directly or indirectly assist, involve and benefit LGBTQIA+ people and promote positive social outcomes and mental health in the community. Find out more.

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What you can do about the chaotic federal funds situation

Future Fundraising Now

Heres my best advice for now: If you have no direct or indirect federal money in your budget: You are probably okay. If you face a loss of funding (direct, indirect, even potential): Ask your donors to help! But look into it to make sure there isnt federal money in the pipeline within other sources.

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Tips For Maximizing Grant Opportunities

The NonProfit Times

Nonprofit managers should pay close attention to any budgetary restrictions, such as allowable expenses, indirect cost rates, matching requirements, and reporting obligations. You should create a detailed budget that accurately reflects the costs associated with implementing the proposed project or program.