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What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

Consultation Services: Professional assistance with the application can range from $1,000 to $3,000, depending on complexity. Insurance: General liability insurance typically costs $500 to $1,500 annually. Employee Benefits: Health insurance, retirement plans, and other benefits can significantly add to staffing costs.

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What Are 7 Common Nonprofit Startup Costs?

GrantNews

The price of this insurance can vary depending upon the coverage plan chosen. This plan includes general liability insurance, commercial property insurance and business income insurance. Funding is intended for maintenance, winterization, initial and annual start-ups, and technical consultation services.

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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

Related to this, grants cannot cover costs accrued prior to the award, so you cannot promise the grant writer that they will receive a percentage of any grants awarded as a result of their proposal writing. Fundraising activities and events must comply with local laws and carry adequate liability insurance.