Budget Finance Indirect Cost 
Blackbaud
FEBRUARY 13, 2025
As a nonprofit finance professional, you want all your data to be accurate. Discrepancies and Budget Overruns Manual time tracking and payroll allocation can result in discrepancies between recorded time and payroll provider data. These discrepancies can lead to budget overruns and difficulties in managing funds effectively.
Blackbaud
APRIL 4, 2024
Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Calculating indirect costs can be challenging. Do we have the funds this year to maintain our programs?
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Blackbaud
AUGUST 20, 2024
There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. They will discuss the importance of having both your development and finances teams involved in donor stewardship. Reporting is a key part of any finance professional’s role.
Blackbaud
NOVEMBER 8, 2023
Relying on core policies that include both finance and program offices improves collaboration because everyone knows what their roles are and where the directive comes from. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Review them regularly against the approved budget.
Blackbaud
APRIL 2, 2024
Managing your grants within your fund accounting system will allow you to budget by grant, report on budget vs actuals, and review grant activity, so you can quickly and easily answer these questions. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards.
Blackbaud
DECEMBER 20, 2023
Working with a lean budget means even the slightest unexpected expense can create a stressful situation. From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store.
Allied Grant Writers
DECEMBER 25, 2024
Budget Details how funding should be allocated. Budget A detailed account of the financial resources needed, including direct and indirect costs. To delve deeper into managing finances related to your proposal, explore our article on budgeting for grants.
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