Blackbaud

APRIL 4, 2024

Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Do we have the funds this year to maintain our programs? Most organizations face frequent budget cuts, which creates organizational uncertainty and a scramble for new funding options. Calculating indirect costs can be challenging.

Finance 102

Finance Budget Indirect Cost Indirect 102

Blackbaud

DECEMBER 20, 2023

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. So many nonprofits found 2023 to be particularly stressful.

Indirect Cost 88

Indirect Cost Indirect Finance Government 88

Assel Grant Services

MARCH 24, 2024

Vu Le, author and former nonprofit executive director, shares: Then there are nonprofits that are too afraid to be truthful about the full cost of doing this work. It’s alarming how much we lie on our org budgets and shortchange ourselves…. Stop thinking a shoe-string budget is some mark of resourcefulness and efficiency.

GPC 40

GPC Indirect Cost Budget Narrative Indirect 40

Candid

JULY 13, 2023

There are four major documents that you may need to create if your nonprofit is looking for funding. Other funding sources that are being approached. The dollar amount of funding you need. Proposal budgets Proposal budgets may seem a bit dull, but many funders say it’s the first part of a grant proposal that they read.

Proposal 91

Proposal Letter Of Inquiry LOI Grants 91

Blackbaud

AUGUST 20, 2024

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. Whether you want to hear about product updates like automated payments and AI or brush up on fund accounting best practices, you don’t want to miss these bbcon 2024 financial management sessions.

Finance 87

Finance AI Federal Grants Indirect Cost 87

Grant Professionals Association

JULY 25, 2023

When I’m trying to balance a Logic Model, Work Plan, twelve attachments, budget narrative, project abstract, and a thirty-page narrative, the last thing I need are twenty-minute debates about “how come they are getting more than we are?” I’ve even negotiated that none of us ask for Indirect Costs so all the money goes directly to the program!

Indirect Cost 52

Indirect Cost IT NICRA Logic Model 52

Candid

FEBRUARY 7, 2023

Like climbing a mountain, it helps to have a path to follow to reach its summit, or in this case, a map of sorts to guide you to your desired destination—a compelling proposal that unlocks funding to advance your mission-driven work. Project budget Here you’ll get down to the dollars and cents required to address your need or problem.

Proposal 95

Proposal Grants Grant Indirect Cost 95

Get Fully Funded

FEBRUARY 22, 2022

As the costs add up, you might be asking: How much of a nonprofit’s annual budget should be spent on administrative tasks and fundraising? Look at it this way: If you’re not spending at least 15% of your budget on fundraising, you may be standing in the way of your own success. The training. The print collateral. The postage.

Fundraising 132

Fundraising Budget Nonprofit Indirect 132

GrantNews

JANUARY 11, 2024

In fact, we think this is such a crucial part of grant funding that we identify over 6,000 grants in our grant listing directory in a special Grants for Nonprofits tab at the top of its webpage! Nonprofits can make a profit and should try to have some level of positive revenue to build a reserve fund to ensure sustainability.

Indirect Cost 67

Indirect Cost Nonprofit Grants Grant 67

Grant Writing Made Easy

MAY 20, 2024

Grant Writing Basics Simplified One of the most exciting and magical aspects of grant writing is how the power of words can transform ideas into funded realities. Grant writing is an invaluable skill that opens doors to funding opportunities, enabling nonprofits, researchers, and various organizations to achieve their goals.

Grant Writing 52

Grant Writing Grants Grant Proposal 52

Candid

AUGUST 29, 2023

budget, team members, skillsets, technology, time, emotional support). Consider increasing resources by providing more funding to cover indirect costs and general operating support. Essentially, burnout occurs when the demands of your job (e.g., Also consider easing demands (e.g.,

Burnout 94

Burnout IT Indirect Cost Indirect 94

Tech Soup

JANUARY 29, 2015

Nonprofits focus too much on where the money is coming from and report the costs against who's paying for it, overlooking the need for a more detailed, accurate examination of total programmatic and overhead costs. The combination of the two contracts do not provide sufficient funding to carry out this program.

Indirect Cost 66

Indirect Cost Contracts Contract Indirect 66

Blackbaud

NOVEMBER 8, 2023

Grant funding looks beautiful in your income statement, but if you’re not careful, the reporting requirements can be prickly. In our webinar with Rachel Werner and James Spencer from RBW Strategy, they covered steps to help nonprofits that receive—or are looking to start receiving—government grant funding.

Government 108

Government Indirect Cost Indirect Grants 108

Get Fully Funded

SEPTEMBER 17, 2012

You start down a path to raise money to meet budget or to keep from closing a program, and before long, you get overwhelmed. Be sure to include both direct and indirect costs. And if you need extra help, check out my Get Fully Funded system for fundraising. Would you like to know how to find the problem and fix it?

Fundraising 68

Fundraising Indirect Cost Indirect Budget 68

Peak Proposals

AUGUST 1, 2023

When you come across a funding opportunity that looks like it is a good fit, it can be tempting to start work on it immediately, especially if the deadline is only a few weeks away. SCOPE Issues of scope—or the boundaries of what the funder intends or is willing to fund—tend to be opportunity specific.

Funding 40

Funding Proposal Indirect LOI 40

RBW Strategy

JUNE 11, 2024

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. As overhead and administrative costs grow, organizations often scramble to find ways to recoup this funding.

UEI 130

UEI Grants Grant Federal Grants 130

Assel Grant Services

JULY 21, 2024

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. Clarification of allowable costs associated with data and evaluation. What is Uniform Guidance?

GPC 40

GPC Indirect Cost Federal Award Indirect 40

Peak Proposals

DECEMBER 22, 2019

The topic is research funding. Through our work in grant development, we’ve met many faculty members who have not received training on how to find funding or write grant proposals. In this post, we share what we’ve learned about finding research funding based on our experience working with faculty at US-based universities.

Funding 52

Funding Proposal Grants.Gov Budget 52