Remove Budget Remove Contract Remove Indirect
article thumbnail

How to Develop Your Nonprofit Operating Reserves

Blackbaud

Find the Right Number for Your Nonprofit Operating Reserves The Nonprofit Operating Reserves Initiative (NORI) Workgroup suggests that the minimum operating reserve ratio at the lowest point during the year should be 25 percent, or about three months of the annual operating expense budget. However, this is not a universal benchmark.

Contracts 104
article thumbnail

What you can do about the chaotic federal funds situation

Future Fundraising Now

Within that okay for now group are many that may still be targeted for cuts: A memo from the Office of Management and Budget said: The use of Federal resources to advance Marxist equity, transgenderism, and green new deal social engineering policies is a waste of taxpayer dollars… Nonprofits in the rest of the world cant breathe easy.

Funding 62
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Untangling the New Uniform Grant Guidance

RBW Strategy

We’ll start by discussing the “why” of these changes, why the Office of Management and Budget (OMB) decided to make them now, and how they align with larger changes happening in the federal government. The new guidance states that cognizant federal agencies will uphold these indirect rates and pass-through entities (PTEs) must do the same.

UEI 130
article thumbnail

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

Assel Grant Services

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. These indirect costs can be allocated to grant proposals. What are indirect costs? That is an indirect expense to this particular grant project.

article thumbnail

The Overhead Solution: A New Nonprofit Pride Movement

Tech Soup

Ghaffari laid out a hypothetical situation: Imagine a homeless shelter funded through two contracts, one from HUD and the other from the City of San Francisco. The combination of the two contracts do not provide sufficient funding to carry out this program. Budgeting, fiscal policies, and internal control resources.

article thumbnail

How Does a Nonprofit Find Funding to Keep the Lights On?

Tech Soup

One of the participants asked this question, which I feel sure is on the top of your mind as well: "Program grants have a budget directly related to them, and for the most part do not cover operations or overhead costs. Indirect and administrative costs remained the same or decreased for 70 percent of respondents.

article thumbnail

Finding Funding for Research

Peak Proposals

Understanding Proposal Budgets a. Budget Preparation and Review b. Key Budgeting Concepts VI. Funders have different budgets, funding priorities, and missions. Understanding Proposal Budgets When you search for potential funders, it is beneficial to have a sense of how much your project will cost.

Funding 52