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The Financial Edge: Crafting Budgets for Grant Success

Allied Grant Writers

The primary parts of a grant budget include personnel costs, project expenses, and administrative and indirect costs. software, hardware). Funders often have guidelines on how much can be allocated for indirect costs, making it essential to understand these limits when budgeting. conferences, site visits).

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Top Accounting Tips for Government Grants

Blackbaud

Working with your program and development teams, your finance staff identifies funding gaps, supplies important budget numbers, sets up projects in your accounting software, establishes spending approvals, and creates reporting schedules. Here are the key roles for your finance office throughout the government grant lifecycle.

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Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

Office of Management and Budget (OMB) revised their uniform guidance in 2024, increasing the de minimus (or standard) rate allowed for indirect costs—overhead for federal grants—from 10 to 15%. Overhead vs Indirect Costs: What’s the Difference? Indirect costs are the overhead expenses incurred as part of a government grant.

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How to Develop Your Nonprofit Operating Reserves

Blackbaud

if the organizations mission involves disaster relief) Dependence on one key person Obligations resulting from your commitments to a donors purpose restrictions Amount of unsecured debt carried by the organization Fund Accounting Software that Drives Impact Find out how Blackbaud’s Financial Edge NXT fits your organization.

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Grants for Church: A Comprehensive Guide to Securing Funding for Ministry and Community Outreach

Allied Grant Writers

This should include both direct and indirect costs, ensuring transparency and accountability. Churches that adopt grant management software can track deadlines, manage budgets, and produce real-time reports, enhancing both efficiency and transparency.

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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. Indirect Costs : These include overhead expenses that support the project but are not directly charged, such as utilities or administrative costs. Sustainability Plan Information on how the project will continue after grant funding ends.

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What is Grant Writing: Master the Art of Winning Proposals

Allied Grant Writers

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. Gather required attachments Strong applications need good supporting materials.