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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

You will want to think ahead about being able to easily capture grant information, set up tasks and deadlines, and then run accurate reports at any time. What if a donor or stakeholder wants quick information on a grant? Imagine you had reports built to show you a snapshot of your grant awards at any moment?

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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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Untangling the New Uniform Grant Guidance

RBW Strategy

As stated in the guidance, OMB revised Parts 25 (Unique Entity Identifier & System for Award Management), 170 (Reporting Subaward & Executive Compensation Information), and 175 (Award Term for Trafficking in Persons) to ensure its guidance properly aligns with underlying statutes, as amended. Let’s examine each one.

UEI 130
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How to Feel More Confident When Reviewing RFPs

DH Leonard Consulting & Grant Writing Services

How do you work through the review and recommendation process for funding opportunity guidelines?

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

Blackbaud

Knowing that information will help you identify the amount you need to keep in reserve. Tip 2: Gather information on your revenue diversity (do you have different types of income, or does it all mainly come from fundraising, for example), restricted vs. unrestricted balances, profit margin, and months of cash on hand.