Blackbaud

DECEMBER 20, 2023

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

Indirect Cost 104

Indirect Cost Indirect Finance Government 104

Blackbaud

AUGUST 20, 2024

But one of our favorites is right around the corner: bbcon 2024! Whether you want to hear about product updates like automated payments and AI or brush up on fund accounting best practices, you don’t want to miss these bbcon 2024 financial management sessions.

Finance 104

Finance AI Federal Grants Indirect Cost 104

Blackbaud

APRIL 4, 2024

Do we have the funds this year to maintain our programs? Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Calculating indirect costs can be challenging. This post was originally published in March 2015 and updated in April 2024.

Finance 118

Finance Budget Indirect Cost Indirect 118

Grant Writing Made Easy

MAY 1, 2024

In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. As highlighted by the 2024 GPA report , a well-prepared budget is not just beneficial but essential for securing grants and sustaining operations.

Budget 52

Budget Grant Writing AI Utilities 52

Assel Grant Services

JULY 21, 2024

The most recent updates are for 2024. The OMB’s recently approved revisions will go into effect on October 1, 2024. Agencies will be able to translate grant notices or other documents into another language to increase accessibility to federal funding opportunities. What updates were made?

GPC 40

GPC Indirect Cost Federal Award Indirect 40

Assel Grant Services

MARCH 24, 2024

AGS grant professionals have seen many local and national funding institutions examine their collective impact and shift to increasing operational and unrestricted grant practices. Even the federal government is considering increasing the de minimus indirect cost rate from 10% to 15% in 2024.

GPC 40

GPC Indirect Cost Budget Narrative Indirect 40

Seliger + Associates Grant Writing

DECEMBER 30, 2024

The bill aims to ameliorate the complex nature of the grant application process, as well as the lack of transparency and accountability around funding decision processes, which are currently opaque at best. The GREAT Act requires that federal grant recipients establish and use data standards for information reported to funding agencies.

Federal Grants 40

Federal Grants Indirect Cost Grant Grants 40