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Top Accounting Tips for Government Grants

Blackbaud

Know your numbers: Review any similar programs and calculate average cost per participant, personnel time allocation percentages, and indirect cost ratios to inform budget projections. Establish your indirect cost rate: Calculate your cost rate and understand the de minimis rate available to your organization.

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More Than Fiduciary Oversight – How Board Members Can Support the Grant Writing Team by Megan Campbell, MPA, GPC

Assel Grant Services

indirect costs, matching funds, supplanting). Learn more about related topics such as managing up , building relationships with funders , and the ethics of prospect research with AGS online training sessions available on demand. Understand the issues that could impact their nonprofit agencys finances (e.g.,

GPC
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Most Common Grant Proposal Errors (and How to Fix Them)

Grant Writing Made Easy

Define SMART outcomes: Swap broad objectives for measurable goals like, “Train 25 youth by Q4, with 80% finding employment within six months.” If allowed, include both direct and indirect costs. Tie each cost to a purpose: Funders should be able to see how each expense contributes to your goals.

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Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Capacity Building Grants often fund training and development efforts, helping organizations to grow and improve their services. Budget A detailed account of the financial resources needed, including direct and indirect costs. Timeline : Consider the duration of the project and how costs will occur during that time frame.

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Federal Grants Are Beasts—Here’s How to Slay Them Without Losing Your Mind

Lightning Fast Grant Writing

XXX or 25 staff trained) so the draft keeps moving. Keeping a Federal-Ready folder with: Updated resumes Letters of support/MOUs SAM registration DUNS/UEI number Indirect cost rate agreement Leveraging past applicationsyours or from similar orgsas templates. You , the writer, to produce a rough draft ASAP. Wait = death.

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

Blackbaud

Some revenue sources will clearly be revenue-wise (self-supporting or clearly core to the mission and supported by outside sources), and some will be ready to sunset. Make Sure You’re Ready for Your Next Government Grant Government grants are a great addition to any nonprofit’s balance sheet.

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How to write a winning grant proposal

Candid

Your project budget will ideally mirror the associated direct and indirect costs of the items outlined in your project description, such as staffing, rent, supplies, promotion, and the like. For a more in-depth understanding of how to create a project budget, be sure to check out this free training on the topic.