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. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.

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

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

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. More Resources. spanhidden.

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

Grant Writing Made Easy

MAY 1, 2024

Technology, especially AI, is crucial in enhancing budget accuracy and financial management, enabling more dynamic resource allocation. Regulatory Changes: Ongoing changes in government policies and regulations can affect funding, operations, and compliance, requiring constant vigilance and adaptability from nonprofit organizations.

Budget

Peak Proposals

DECEMBER 22, 2019

A project proposal typically includes a background section, a management and personnel section, and a past performance section. And either way, you may be able to leverage your data to bring about policy changes. As referenced above, a monitoring and evaluation plan in outline form (i.e.,

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. Is match (cost share) required?

Funding

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