Remove Budget Remove Federal Grants Remove Indirect Cost
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Understanding Indirect Costs: A Brief Overview

Grant Professionals Association

Indirect costs are the backbone of an organization’s operations. Also known as overhead or administrative costs, they ensure organizations smooth functioning. In the grant sphere, indirect costs represent the expenses associated with general operation and support of an organization or project.

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

Assel Grant Services

A grant manager is anyone involved in the management and administration of a grant (e.g., finance staff, grant writers, program staff, consultants, and grant administrators). Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means?

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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 Top 10 Uniform Grant Guidance Updates Drum roll, please…. What is OMB’s Intended Outcome? Let’s examine each one.

UEI 130
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A Look at 2024 OMB Uniform Guidance Updates By: Kellie Brungard, GPC

Assel Grant Services

Office of Management and Budget (OMB), an agency within the Executive Office of the President, issues government-wide grants-related guidance for federal departments and agencies and is responsible for the maintenance of this document. Before 2013, federal grant requirements were located in multiple OMB circulars.

GPC 40
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What’s New and What’s Next: Why Your Finance Team Should Attend bbcon 2024

Blackbaud

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. From required statements of financial position and budgets to dashboards that compare your revenue streams over time, you often share your financial stories through your reports.

Finance 87
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Questions to Ask Before Responding to a Funding Opportunity

Peak Proposals

The areas where questions typically come up tend to fall into one of six buckets: (1) eligibility, (2) formatting, (3) scope, (4) personnel, (5) budget, and (6) partnerships. Still others may provide level-of-effort guidelines, such as “Key personnel must be budgeted for a minimum of x% FTE [full-time equivalent] on the grant.”

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Finding Funding for Research

Peak Proposals

Understanding Proposal Budgets a. Budget Preparation and Review b. Key Budgeting Concepts VI. Creating a Realistic Timeline for Preparing Your Grant Proposal a. How Long Does It Take to Write a Grant Proposal? Funders have different budgets, funding priorities, and missions. Challenging Funding Situations a.

Funding 52