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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. Understanding the specific requirements and limitations outlined in the grant application is crucial for developing a budget that aligns with the funder’s priorities and expectations.

Budget 115
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The Financial Edge: Crafting Budgets for Grant Success

Allied Grant Writers

Introduction to Grant Budgets Understanding the financial aspects of grant applications, particularly budgeting, is essential for both small businesses and non-profits. A well-structured budget can significantly impact the chances of securing funding.

Budget 52
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Breaking Down the Budget

Grant Geek

Everything you need to know to develop a brilliant grant proposal budget. A grant proposal budget outlines your intended expenses if you are awarded the grant funding, specific to the project or program stated in your proposal. One of the most important elements within the application is the Project Budget and Budget Justification.

Budget 52
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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Make sure everyone knows why you are applying for each grant and what the specific goal is if you get it. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Review them regularly against the approved budget.

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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

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?

Finance 96
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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 new guidance states that cognizant federal agencies will uphold these indirect rates and pass-through entities (PTEs) must do the same.

UEI 130
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Reading Donor Signals for Events: Knowing Who to Invite and When

Qgiv

When you have fundraising goals, it can be difficult to pause the action and focus on reading donor signals. Examples of direct donor signals include: Surveys Conversations with donors Direct messages or tagging your organization on social media Indirect signals are a bit less obvious, but no less valuable. What are Donor Signals?

Indirect 104