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Nonprofits Guide to Applying and Negotiating an Indirect Cost Rate

PKS Grants & Accounting Solutions

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

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

Blackbaud

No matter your mission, grant reporting will help drive success by ensuring compliance and accurately reporting on these awards. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards. There are endless possibilities as you scale your grant awards.

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Incorporate these best practices into your processes before applying for a grant and after you win an award to make sure you stay compliant with the grant requirements. Pre-Award Preparation Have certain policies and processes in place before applying for a grant so you can be confident you meet their requirements and there are no surprises.

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Taking the Fear out of Grant Management: Indirect Cost Allocation By: Kellie Brungard, GPC

Assel Grant Services

NGMA divides the grant lifecycle into three phases: pre-award, award, and post-award. 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. What are indirect costs?

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Yes, the GrantSummit is Still Relevant to Me, a Grant Professional of over 20 Years!

Grant Professionals Association

Author Bio : Julie Assel, GPC, CGMS is the President/CEO of Assel Grant Services, a comprehensive professional grant services firm offering pre- and post-award grant services, training, and consultation across the grant lifecycle.

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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). When board members understand the why and how of their agencys revenue, it not only improves their capacity for financial oversight but also supports the grant team as they manage grant awards. Understand the issues that could impact their nonprofit agencys finances (e.g.,

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

Blackbaud

This will help you understand what gaps you may have in skills or resources and give you time to address those before you win an award. Tip 2: Bring both your program and finance teams into the grant application and award process. Tip 1: Before applying for a government grant, perform a financial integrity risk assessment.