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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Most nonprofits set aside a percentage of their annual budget to go toward staffing. This number can vary depending on the size of the nonprofit, but for most, this is anywhere from 60-90% of their annual budget. The price of this insurance can vary depending upon the coverage plan chosen.

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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

If you have a number of active grants, you might be able to cover your unrestricted costs if each of your awarded grants allows for at least a percentage of the budget to go toward overhead costs. capped at 10%)—or if several of your grants don’t allow overhead costs at all—then you can quickly run into budget difficulties.