Remove Budget Remove Funding Remove Nonprofit
article thumbnail

Grant Budgeting: Tips for Maximizing Funding Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofit’s growth, and it starts with crafting a well-planned and realistic budget. Nonprofits should pay close attention to any budgetary restrictions, such as allowable expenses, indirect cost rates, matching requirements, and reporting obligations.

Budget 115
article thumbnail

New DOL Salary Rules: Can Foundation Funding For Staff Fill the Gap?

Millionaire Grant Lady

This change affects nonprofit organizations by increasing the overall budget for staff salaries. This change comes at a time when nonprofits are already feeling the crunch of inflation. This change might mean more nonprofits see budget shortfalls in the coming year. Everything costs more, from gas to rent to food.

Funding 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Nonprofit Budgeting and Forecasting Made Easy with Fund Accounting Software

Blackbaud

It’s budget season, and the spreadsheet chaos has begun. You want to document your process to save yourself valuable time next budget season. You want to be able to easily report on budgets in a variety of accurate, clear ways without too much fuss, and know what was approved versus what’s been modified. What if it raises more?

Budget 59
article thumbnail

How to Build a Better Nonprofit Budget in Less Time and with Less Stress

Blackbaud

Like a good recipe, your nonprofit budget requires high-quality ingredients, easy-to-follow steps, and a knowledgeable cook or two to put it together. Here are a few simple steps to help you create a solid budget that helps your organization allocate resources effectively and makes your budgeting process easier.

Budget 102
article thumbnail

3 Steps to Create a Sustainable Nonprofit Operating Budget

Greater Giving

Nonprofit leaders set the direction and tone for the entire organization’s operations. For your nonprofit to expand its reach, make a greater impact in the community, and achieve financial sustainability, your leaders need to set clear goals and plan effectively. Properly Categorize Expenses 2. Diversify Your Revenue Streams 3.

Budget 52
article thumbnail

Introduction to Nonprofit Program Budgets

Grant Writing Made Easy

At our most recent Grant Writing Made Easy workshop, we did a deep dive into nonprofit program budgets. Of all the topics I teach inside the course, the budget is the one that students have the most anxiety and confusion around. (By Revenue: All the funding coming in that you’re allocating to the program.

Budget 98
article thumbnail

Big Impact, Small Budget: Live Auction Ideas for Small Nonprofits

Greater Giving

But for smaller nonprofits, securing high-priced items can feel daunting. This blog post will equip you with ten creative live auction ideas perfect for small nonprofits. Pro Tips for Live Auction Success on a Budget Storytelling is Key: Craft a compelling narrative for each item, highlighting the unique experience it offers.

Budget 100