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Strategies for Impactful Grantmaking During Funding Uncertainty

Blackbaud

Funders are really important, Kristina said on the webinar. Connect organizations to share resources and make introductions where applicable. Can you provide support for capacity building or indirect costs like salaries to help grantees weather the unexpected shortfall without taking lines of credit?

Funding 67
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The Financial Edge: Crafting Budgets for Grant Success

Allied Grant Writers

Introduction to Grant Budgets Understanding the financial aspects of grant applications, particularly budgeting, is essential for both small businesses and non-profits. Importance of Budgeting for Grant Applications Budgeting serves as the financial blueprint of any grant proposal.

Budget 52
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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

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?

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

In our webinar with Rachel Werner and James Spencer from RBW Strategy, they covered steps to help nonprofits that receive—or are looking to start receiving—government grant funding. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate.

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

Blackbaud

Tip 2: Bring both your program and finance teams into the grant application and award process. Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization.

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Elevate Your Funding Prospects: Key Grant Writing Resources Revealed

Allied Grant Writers

The main purposes of grants include: Supporting charitable causes Encouraging research and development Promoting educational opportunities Funding community development projects It is important for potential applicants to recognize the true intent behind grants. Indirect Costs : Overhead costs, such as utilities and administrative expenses.

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Breaking Down the Budget

Grant Geek

When developing a grant proposal application, the funder will make a vast number of requests for information regarding your organization and program. One of the most important elements within the application is the Project Budget and Budget Justification. Some grants also require the applicant to match a portion of their budget.

Budget 52