Assel Grant Services

DECEMBER 8, 2024

indirect costs, matching funds, supplanting). When board members understand the why and how of their agencys revenue, it not only improves their capacity for financial oversight but also supports the grant team as they manage grant awards. Understand the issues that could impact their nonprofit agencys finances (e.g.,

GPC

Allied Grant Writers

DECEMBER 25, 2024

This section provides guidance on researching opportunities, crafting an effective proposal, and managing grant budgets effectively. For advanced techniques in managing budgets, visit our article on budgeting for grants. For advanced techniques in managing budgets, visit our article on budgeting for grants.

Grant Writing

Allied Grant Writers

MARCH 17, 2025

This should include both direct and indirect costs, ensuring transparency and accountability. This section should establish credibility and demonstrate the churchs capacity to manage the proposed project effectively. Statement of Need: Clearly articulate the problem or opportunity that the project addresses.

Funding

Allied Grant Writers

DECEMBER 25, 2024

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. Timeline : Consider the duration of the project and how costs will occur during that time frame.

Grant Writing

Grant Writing Made Easy

JUNE 23, 2025

Prepare clear, pre-formatted explanations for everyday expenses like staff time, supplies, and indirect costs. Use Simple Tools to Save Time with Grant Writing for Small Nonprofits You don’t need an expensive grant management platform to stay organized. Bonus: They’re also great for managing workflows beyond grants.

Grant Writing

Allied Grant Writers

JUNE 8, 2025

List personnel costs (salaries/benefits), travel, equipment, supplies, and indirect costs when allowed. The market for grant management software will grow over 10% in the next five years, and cloud-based solutions will outperform computer-based options. Technology integration plays a vital role in modern grant writing.

Grant Writing

Candid

JUNE 5, 2025

This article by Melissa Pulis, a former Candid support manager, outlines how to get started, with an emphasis on project proposal budgets. grants and other contributions) and anticipated expenses, including direct costs (e.g., staff time, supplies, and evaluation), and indirect costs (e.g.,

Budget

Seliger + Associates Grant Writing

DECEMBER 30, 2024

Specific pain points reported by federal grant applicants include registration requirements in multiple systems, including the overarching System for Award Management (SAM) and the widely used grants.gov WorkSpace portal, which is probably used for about 80% of grant applications.

Federal Grants

Grant Professionals Association

MAY 29, 2024

Indirect costs are the backbone of an organization’s operations. Also known as overhead or administrative costs, they ensure organizations smooth functioning. In the grant sphere, indirect costs represent the expenses associated with general operation and support of an organization or project.

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. A grant manager is anyone involved in the management and administration of a grant (e.g.,

Indirect Cost

Blackbaud

APRIL 2, 2024

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Tracking: Cut Out the Spreadsheets!

Indirect Cost

RBW Strategy

JUNE 24, 2024

Challenge In 2022, the company had contacted RBW Strategy as they received several federal awards and would benefit from institutional background in managing and maintaining compliance. Outcome RBW Strategy worked with the company to navigate the administrative challenges and maintain grant compliance after the company’s IPO.

Indirect Cost

RBW Strategy

JUNE 3, 2024

Challenge In 2022, the company had contacted RBW Strategy as they received several federal awards and would benefit from institutional background in managing and maintaining compliance. Outcome RBW Strategy worked with the company to navigate the administrative challenges and maintain grant compliance after the company’s IPO.

Indirect Cost

Blackbaud

NOVEMBER 8, 2023

Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Knowing how you want to handle indirect costs before you apply for government grants will speed up the application and reporting processes. Receiving the Grant Award Congratulations on winning the grant!

Government

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

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. Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization.

Indirect Cost

RBW Strategy

JUNE 11, 2024

We’ll start by discussing the “why” of these changes, why the Office of Management and Budget (OMB) decided to make them now, and how they align with larger changes happening in the federal government. As overhead and administrative costs grow, organizations often scramble to find ways to recoup this funding. Let’s examine each one.

UEI

Candid

JUNE 9, 2022

Budgets can be one of the most intimidating aspects of grantseeking and nonprofit management, especially for new projects or organizations—most of us don’t have accounting degrees after all! The good news is that budgets aren’t as complicated as most people fear. Don’t know where to begin? Don’t worry, we’re here to help you get started.

Budget

Greater Giving

JANUARY 21, 2025

However, when you understand overhead costs and how to manage them, you can be more confident in your spending decisions and be more transparent with stakeholders. To begin, lets break down exactly what overhead costs are. What are nonprofit overhead costs? Enlist professional help.

Management

Blackbaud

APRIL 4, 2024

Calculating indirect costs can be challenging. 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.

Finance

Blackbaud

AUGUST 20, 2024

Whether you want to hear about product updates like automated payments and AI or brush up on fund accounting best practices, you don’t want to miss these bbcon 2024 financial management sessions. This includes Expense Management, Purchase Requests, WebPurchasing, and Approval Workflows.

Finance

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. Don’t Settle for Commercial Accounting Software On the surface, unrestricted funds are easier to manage than restricted funds. Restricted funds often outline what they will fund and what they won’t.

Funding

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? Does the shelter know what the true cost of this program is? The answer depends on the accounting and financial management expertise within the organization. Image 2: Hydeh Ghaffari.

Indirect Cost

Get Fully Funded

NOVEMBER 29, 2010

For this particular group, I told them they need to let people know how much it costs them to provide service to 1 client for 1 year, and ask donors to sponsor a client. And, I told them to include indirect costs when they calculated the costs per client per year. There was a bit of silence at this point.

Indirect Cost

Get Fully Funded

FEBRUARY 22, 2022

When you track your nonprofit administration spending, you will have several categories feeding into what is considered overhead, including management, general, and fundraising. These are also known as indirect costs, expenses that cannot be tied directly to programs. Expenses related to events. Fundraising training.

Fundraising

GiveSmart

MARCH 12, 2024

Typical costs for in-person events include venue rental, catering, marketing, and staffing. Along with expenses connected directly to the event, there are also indirect costs to account for, such as staff salaries. Ideally, the event ROI for nonprofits will equal more than 70% of the cost of hosting and organizing.

Indirect Cost

Assel Grant Services

JULY 21, 2024

Office of Management and Budget (OMB), an agency within the Executive Office of the President, issues government-wide grants-related guidance for federal departments and agencies and is responsible for the maintenance of this document. Clarification of allowable costs associated with data and evaluation. What is Uniform Guidance?

GPC

Tech Soup

SEPTEMBER 19, 2012

Managing grants? With The Financial Edge, nonprofits can manage reporting, grants, restricted funds, nonprofit-specific workflows, and collaboration with the fundraising department. Grants Management). Spending too much time creating reports? How about restricted funds? With All That Work to Do?

Software

Get Fully Funded

SEPTEMBER 17, 2012

Be sure to include both direct and indirect costs. My sympathies. Now, let’s fix it. Once you identify the need to raise money , get really clear about the amount you need. Down to the penny. Create a Case for Support to give you a basis for fundraising.

Fundraising

Tech Soup

SEPTEMBER 19, 2012

Managing grants? With The Financial Edge, nonprofits can manage reporting, grants, restricted funds, nonprofit-specific workflows, and collaboration with the fundraising department. Grants Management). Spending too much time creating reports? How about restricted funds? With All That Work to Do?

Software

Allied Grant Writers

SEPTEMBER 22, 2024

Creating a Realistic Budget and Timeline A well-crafted budget and timeline demonstrate your ability to manage resources effectively and complete the project as proposed. Ensure all costs are justifiable and directly related to the project. Include both direct costs (e.g., salaries, materials) and indirect costs (e.g.,

Proposal

Grant Writing Made Easy

MAY 1, 2024

Technology, especially AI, is crucial in enhancing budget accuracy and financial management, enabling more dynamic resource allocation. For nonprofit managers, the capability to quickly adapt and respond to financial data is a critical skill in navigating the ever-changing landscape.

Budget

Peak Proposals

DECEMBER 22, 2019

A project proposal typically includes a background section, a management and personnel section, and a past performance section. Regardless of your area of expertise and whether you are employed by a nonprofit or educational institution, you will find that the list of viable funders is going to be manageable.

Funding

Peak Proposals

AUGUST 1, 2023

BUDGET A proposal budget is another area where the questions can be very specific to the solicitation at hand, although a few questions are standard fare, including: Are indirect costs allowable? Most funders list their policy on indirects in the solicitations.

Funding

Grant Writing Made Easy

MAY 20, 2024

Itemize and justify each cost associated with the project, from direct costs like materials and labor to indirect costs such as administrative expenses. Organizational Information: In this part of the proposal, highlight your organization’s qualifications and track record of managing projects and funds effectively.

Grant Writing

Candid

AUGUST 29, 2023

This explains why some folks seem to manage lots of demands without burning out (they usually also have lots of resources). Consider increasing resources by providing more funding to cover indirect costs and general operating support. Managers can prevent burnout by creating human-centered norms with their team.

Burnout

Assel Grant Services

MARCH 24, 2024

Like any business or corporation, nonprofit organizations must manage revenue and expenses to deliver their products and services to communities. Even the federal government is considering increasing the de minimus indirect cost rate from 10% to 15% in 2024. to function. Identify factors that limit how budgets are written (e.g.,

GPC