Blackbaud

FEBRUARY 13, 2025

Free Whitepaper What you need to know about calculating indirect costs for your nonprofit Learn how The post Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting first appeared on The ENGAGE Blog by Blackbaud.

Grants

Assel Grant Services

DECEMBER 8, 2024

indirect costs, matching funds, supplanting). Similarly, be willing and available to attend funder site visits and support agency staff as needed during preparation. Understand the issues that could impact their nonprofit agencys finances (e.g., braided funding strategies, direct v.

GPC

GrantNews

FEBRUARY 13, 2025

Applicants may request an indirect cost rate of up to 15 percent of the total award request. Costs may include but arent limited to payroll processing , audit fees, and office equipment.

Grants

Allied Grant Writers

DECEMBER 25, 2024

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.

Grant Writing

Allied Grant Writers

DECEMBER 25, 2024

Components of a grant budget may include: Budget Item Estimated Cost Personnel $XX,XXX Materials and Supplies $XX,XXX Indirect Costs $XX,XXX Maintaining meticulous records during the project implementation stage is also crucial.

Grant Writing

Grant Writing Made Easy

JUNE 25, 2025

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. Provide clear justifications: Briefly explain each line item (e.g., “$3,000 for evaluation consultant at 30 hours @$100/hr”).

Proposal

Allied Grant Writers

MARCH 17, 2025

This should include both direct and indirect costs, ensuring transparency and accountability. Budget Development: Create a detailed budget that outlines all projected expenses and demonstrates how the grant funds will be utilized.

Funding

Blackbaud

JULY 15, 2025

Administrative costs, on the other hand, are how you exist as a nonprofit. Admin costs are incurred as you direct and control the organization itself. They are also called “ overhead ” or, if you are working on a federal grant, “indirect costs.”

Indirect Cost

Grant Writing Made Easy

JUNE 23, 2025

Prepare clear, pre-formatted explanations for everyday expenses like staff time, supplies, and indirect costs. Budget Justifications & Templates: Most grants require breaking down your numbers. Evaluation & Outcomes Plans: Many funders want to know how you’ll measure success.

Grant Writing

Allied Grant Writers

DECEMBER 25, 2024

Budgets should include: Direct Costs : Expenses that can be directly attributed to the project, such as salaries, materials, and equipment. Indirect Costs : Overhead costs, such as utilities and administrative expenses. Budget Component Description Direct Costs Expenses directly related to the project.

Grant Writing

Allied Grant Writers

JUNE 8, 2025

List personnel costs (salaries/benefits), travel, equipment, supplies, and indirect costs when allowed. Build a realistic project budget Your detailed budget should back up all expenses and match your narrative. Gather required attachments Strong applications need good supporting materials.

Grant Writing

Candid

JUNE 5, 2025

grants and other contributions) and anticipated expenses, including direct costs (e.g., staff time, supplies, and evaluation), and indirect costs (e.g., Among the free samples featured in this article are those for grant proposal budgets , which should include sources of income (e.g., rent, utilities, and marketing).

Budget

Seliger + Associates Grant Writing

DECEMBER 30, 2024

Specifically, the changes include but are not limited to: raising the threshold value for Single Audits to $1,000,000 from $750,000 raising the threshold for indirect cost rate to 15% for organizations without a Negotiated Indirect Cost Rate Agreement (NICRA) raising the equipment threshold from $5,000 to $10,000 for that which may be sold or retained (..)

Federal Grants

Lightning Fast Grant Writing

MAY 9, 2025

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. That means: Reusing boilerplate sections (mission, org history, evaluation plans, etc.).

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

PKS Grants & Accounting Solutions

JULY 9, 2018

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? ” Final rate - This is applicable to a specified past period which is based on the actual costs of the period. Let’s begin. See 2 CFR 200.19

Indirect Cost

Assel Grant Services

SEPTEMBER 23, 2024

Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means? These indirect costs can be allocated to grant proposals. The key is knowing how your organization’s policy and procedure for allocating indirect costs and what this entails.

Indirect Cost

Blackbaud

APRIL 2, 2024

Understand Your Indirect Costs Tracking and allocating your indirect costs is one of the most tedious aspects of grant applications and reporting. Some grants may come with lots of stipulations about what operating costs they will fund—and how much. Ready to tackle the tasks of grants?

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

RBW Strategy

JUNE 24, 2024

In addition to developing and submitting a Negotiated Indirect Cost Rate Agreement, our team developed policies and procedures that are compliant with federal policy requirements. 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

In addition to developing and submitting a Negotiated Indirect Cost Rate Agreement, our team developed policies and procedures that are compliant with federal policy requirements. Outcome RBW Strategy worked with the company to navigate the administrative challenges and maintain grant compliance after the company’s IPO.

Indirect Cost

Instrumentl

OCTOBER 11, 2023

This post explores what a grant budget should include, examples of direct costs vs. indirect costs, how to write grant budget justifications, and give you a list of grant budget examples.

Budget

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

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.

Indirect Cost

DH Leonard Consulting & Grant Writing Services

MAY 5, 2023

To help make you feel more confident when reviewing RFPs and making recommendations on whether or not to apply, I recommend that you have a list of the key things that your organization’s leadership agrees are important when looking at RFPs (whether a formal decision-making matrix or informal checklist is up to you/your organization), including: (..)

Indirect Cost

RBW Strategy

JUNE 11, 2024

De Minimis Indirect Cost Rate Increase (§200.414): For those recipients (and subrecipients) who do not have a negotiated indirect cost rate agreement in place, this is welcome news. As overhead and administrative costs grow, organizations often scramble to find ways to recoup this funding. Plus, there’s more….

UEI

Candid

JUNE 9, 2022

A proposal project budget consists of two basic elements: 1) the estimated costs of your project and 2) the anticipated income needed to meet those costs. Your income consists of any grants or contributions plus any earned income earmarked for the project, such as ticket sales or fees for services. .

Budget

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

PKS Grants & Accounting Solutions

FEBRUARY 19, 2020

Free Online Professional Development Presenters are Grants Professional Association Approved Trainers Access to all the recordings after the summit Bonus: I am one of the presenters on What, Why, How’s of an Indirect Cost Rate When: March 13, 2020 (9 am to 1 pm PST) & (12 pm to 4 pm EST) Don’t Miss——-Sign up Today.

Indirect Cost

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

Candid

FEBRUARY 7, 2023

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. Project budget Here you’ll get down to the dollars and cents required to address your need or problem.

Proposal

Candid

JULY 13, 2023

Anticipated expenses: Direct costs, like staff time, consultants, supplies, equipment, and evaluation (such as conducting surveys or collecting feedback). Indirect costs—or the invisible costs, like rent, utilities, office supplies, marketing, and administrative staff. Earned income from events, products, and fees.

Proposal

Grant Geek

MARCH 1, 2022

Staying within the guidelines of the grant can sometimes include the maximum or minimum funding requests, cost per participant, and maximum caps on administration costs and indirect. Along with your specific costs associated with your project, sometimes there is also an indirect negotiated cost rate that needs to be factored in.

Budget

Blackbaud

AUGUST 20, 2024

From an income statement point of view, they will discuss the hidden benefits of segregation of duties and how overhead expenses and allocation of indirect costs impact the “bottom line.” Michael Gellman will explore how to help senior leadership better understand and monitor the balance sheet and operating reserves.

Finance

Grant Professionals Association

JULY 25, 2023

Or my favorite—when one organization has a NICRA (Negotiated Indirect Cost Rate Agreement) of 47% while the other three organizations use the 10% de minimus rate, and this causes a stir. I’ve even negotiated that none of us ask for Indirect Costs so all the money goes directly to the program! Has this worked all the time?

Indirect Cost

Tech Soup

JANUARY 29, 2015

Guidelines from the Office of Management and Budget ( Circular A-122 for information on indirect costs and Uniform grant guidance for updated information on indirect costs determination ). American Institute of CPAs' Accounting and Audit Guide for not-for-profit organizations. Let's Break the Starvation Cycle.

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