Remove Indirect Cost Remove Media Remove Metrics
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Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Budget A detailed account of the financial resources needed, including direct and indirect costs. When developing a budget, one should consider the following elements: Direct Costs : These are expenses that can be directly attributed to the project, such as personnel, materials, and travel.

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Grant Writing for Small Nonprofits: How to Do More With Less

Grant Writing Made Easy

Prepare clear, pre-formatted explanations for everyday expenses like staff time, supplies, and indirect costs. Draft a few flexible evaluation strategies to adapt to different grant formats, including quantitative metrics and qualitative feedback. This might include partnerships, additional funding streams, or community support.

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization. If you aren’t including indirect costs—such as salaries or rent—into your funding requests or program planning, you are setting yourself up for stress later in the year.

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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. In addition to the media attention surrounding MacKenzie Scott’s remarkable giving , there are other movements that also highlight the importance of unrestricted funds.