Blackbaud

APRIL 2, 2024

You’ve been grant shopping for some time now, but are you prepared for what’s next once you start to receive them? Many grants come with significant—and detailed—compliance requirements. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements.

Indirect Cost 115

Indirect Cost Indirect Funding Software 115

Blackbaud

JANUARY 9, 2025

Find the Right Number for Your Nonprofit Operating Reserves The Nonprofit Operating Reserves Initiative (NORI) Workgroup suggests that the minimum operating reserve ratio at the lowest point during the year should be 25 percent, or about three months of the annual operating expense budget. However, this is not a universal benchmark.

Contracts 103

Contracts Contract Budget Nonprofit 103

Allied Grant Writers

DECEMBER 25, 2024

Introduction to Grants Definition and Purpose of Grants A grant is a financial award provided by a government agency, foundation, or corporation to support initiatives aligned with their objectives. In essence, grants play a critical role in fostering growth and innovation by providing the necessary financial backing.

Grant Writing 52

Grant Writing Grant Grants Budget 52

Grant Professionals Association

MAY 29, 2024

Indirect costs are the backbone of an organization’s operations. In the grant sphere, indirect costs represent the expenses associated with general operation and support of an organization or project. In grant proposals, organizations often include a request for funding to cover their indirect costs.

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Indirect Cost Indirect Proposal GPC 64

Grant Writing Made Easy

AUGUST 3, 2022

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 Follow this 3-step process for creating nonprofit program budgets.

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Budget Grant Writing Nonprofit Consultant 98

Candid

JUNE 9, 2022

Budgets can be one of the most intimidating aspects of grantseeking and nonprofit management, especially for new projects or organizations—most of us don’t have accounting degrees after all! The good news is that budgets aren’t as complicated as most people fear. What is a proposal project budget? Don’t know where to begin?

Budget 105

Budget Indirect Cost Proposal Indirect 105

RBW Strategy

JUNE 11, 2024

Untangling the New Uniform Grant Guidance It’s the news that all our grant enthusiasts and compliance champions have been waiting for – the new Uniform Grant Guidance has been issued! The Top 10 Uniform Grant Guidance Updates Drum roll, please…. What is OMB’s Intended Outcome? Let’s examine each one.

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UEI Grant Grants Procurement 130

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.

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Government Indirect Cost Indirect Grant 116

Allied Grant Writers

DECEMBER 25, 2024

Grant Writing Essentials Understanding the essential aspects of grant writing is critical for success in securing funding. This section explores the purpose of grants, the importance of grant writing for organizations, and the impact that grants can have on students.

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Grant Writing Funding Grant Grants 52

Future Fundraising Now

FEBRUARY 4, 2025

About the pause/cancellation/unpause of US federal loans, grants, and financial assistance programs: What a scary mess. Heres my best advice for now: If you have no direct or indirect federal money in your budget: You are probably okay. If you face a loss of funding (direct, indirect, even potential): Ask your donors to help!

Funding 62

Funding Indirect Policy Policies 62

Assel Grant Services

DECEMBER 8, 2024

While board members play an important role in assuring agency finances and grant funds are treated ethically, they are also partially responsible for resource development that is, ensuring their organization has the resources needed to fulfill its mission. certifications, grant agreements). Offer to make connections and introductions.

GPC 40

GPC Grant Writing Indirect Cost Ethics 40

Candid

JULY 13, 2023

While Candid is working to reduce that burden broadly, here is one specific way we are trying to help: by providing sample grant proposal documents. In this blog, we share the major types of grant proposal documents, their components, and free sample resources to show you what a successful version of each one looks like.

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Proposal Letter Of Inquiry LOI Grant 98

Candid

FEBRUARY 7, 2023

Writing a proposal for a project grant can feel like a daunting task, but with the right guidance, it doesn’t need to be a bewildering endeavor. In this blog, we will share the key elements of a typical project proposal and best practices for how to approach drafting each section to help you secure the grant you seek.

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Proposal Grant Grants Indirect Cost 105

Get Fully Funded

NOVEMBER 24, 2010

Many nonprofit Fundraisers focus on writing grants to bring in dollars. Unfortunately, the thought of creating a budget to go with the narrative or the application strikes fear in the hearts of the bravest Fundraisers. Here are some ideas to help you overcome the fear and be on your way to creating a successful budget.

Budget 53

Budget Indirect Grant Grants 53

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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Finance Budget Indirect Cost Indirect 119

Grant Geek

MARCH 1, 2022

Grant Questions? 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. by Resource Associates @ grantwriters.net. Let’s talk.

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Budget Indirect Cost Indirect Subaward 52

Assel Grant Services

SEPTEMBER 23, 2024

By now, I hope you are realizing grant management doesn’t have to be a scary web of confusing topics and rules. With this grant management series, I aim to outline some of the commonly seen issues and provide resources to learn more. NGMA divides the grant lifecycle into three phases: pre-award, award, and post-award.

Indirect Cost 40

Indirect Cost Indirect Grant Management GPC 40

Blackbaud

DECEMBER 20, 2023

Working with a lean budget means even the slightest unexpected expense can create a stressful situation. Lead a Revenue-Wise Strategy Session As a financial leader, you touch all areas of your nonprofit organization through budgeting, forecasting, and expense management. So many nonprofits found 2023 to be particularly stressful.

Indirect Cost 105

Indirect Cost Indirect Finance Government 105

Grant Writing Made Easy

MAY 1, 2024

If hearing about nonprofit budgets makes you cringe a little ( or a lot ), keep reading. In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. We’ve got you.

Budget 52

Budget Grant Writing AI Utilities 52

Candid

FEBRUARY 22, 2023

Our aim is to give individuals the ability to focus more time and energy on applying new learnings to advance their mission-driven work, without needing to find budget to simply partake in nonprofit training and learning opportunities. Some of our most highly attended classes include: Introduction to Finding Grants.

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Training Proposal Indirect Proposal Writing 105

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. You may find yourself spending money on the tech tools.

Fundraising 132

Fundraising Budget Nonprofit Indirect 132

Tech Soup

APRIL 26, 2017

Talk to anyone associated with a nonprofit organization, and they will tell you that there isn't enough grant money. Be aware that grant funding is available. Ninety-one percent of our respondents who submitted three to five grant applications received at least one award. percent in 2017 and by 6.0 percent in 2018.

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Grantstation Indirect Grant Grants 47

Blackbaud

APRIL 8, 2024

Restricted funds are donations or grants that can only be used for the purposes specified by the funder. Many grants, especially federal and state grants, are restricted. So, the organizations behind the grants use the reporting requirements to make sure the funds go towards addressing those impact areas.

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Funding Indirect Cost Pass-Through Donation 111

Allied Grant Writers

SEPTEMBER 22, 2024

In the competitive world of grant funding, knowing how to write a compelling grant proposal is a crucial skill. Key Components of a Successful Grant Proposal A well-structured grant proposal typically includes the following elements: Cover Letter : A brief introduction to your organization and proposal.

Proposal 52

Proposal Funding Grant Grants 52

Blackbaud

AUGUST 20, 2024

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 105

Finance AI Federal Grants Indirect Cost 105

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! National Council on Nonprofits, “Myths About Nonprofits “ Below are some grants for nonprofits currently available.

Indirect Cost 93

Indirect Cost Nonprofit Grant Grants 93

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. Ready to unlock the secrets to writing winning grants? Why Learn About Grant Writing? That’s pretty cool, right?! Let’s dive in!

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Grant Writing Grant Grants Proposal 52

Assel Grant Services

MARCH 24, 2024

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. Even the federal government is considering increasing the de minimus indirect cost rate from 10% to 15% in 2024. Identify factors that limit how budgets are written (e.g.,

GPC 40

GPC Indirect Cost Budget Narrative Indirect 40

Grant Professionals Association

JULY 25, 2023

But long before this impact occurs, when the grant is still just an idea, the grant writer is trying to wrangle three or four other non-profits to all work together on this “collaborative project.” I’ve even negotiated that none of us ask for Indirect Costs so all the money goes directly to the program! Absolutely not.

Indirect Cost 52

Indirect Cost IT NICRA Logic Model 52

Blackbaud

SEPTEMBER 19, 2024

Nonprofits use the Statement of Cash Flows in several key ways: Planning and Budgeting: Forecasts cash needs and plans for future expenses. The Operating Activities section shows cash transactions related to the nonprofit’s core mission, such as donations, grants, and expenses for programs and services.

Finance 97

Finance Nonprofit Indirect Liability 97

Assel Grant Services

JULY 21, 2024

Over the past year, you may have overheard grant professionals discussing potential OMB Uniform Guidance updates. Before 2013, federal grant requirements were located in multiple OMB circulars. In essence, this updated, reorganized, and consolidated federal grant management requirements into a single document.

GPC 40

GPC Indirect Cost Federal Award Indirect 40

Tech Soup

JANUARY 29, 2015

If the shelter tracks its program costs just by grant/contract, what happens to expenses that are not chargeable to either of the two contracts? Guidelines from the Office of Management and Budget ( Circular A-122 for information on indirect costs and Uniform grant guidance for updated information on indirect costs determination ).

Indirect Cost 66

Indirect Cost Contracts Contract Indirect 66

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. deadlines, reporting, grant applications) when possible. Essentially, burnout occurs when the demands of your job (e.g.,

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Burnout IT Indirect Cost Indirect 98

Tech Soup

SEPTEMBER 13, 2016

For many organizations, the terms "transparency" and "accountability," when uttered in the same sentence as "indirect/administrative costs," mean only one thing: it's time for another round of belt-tightening. We've answered the question: "How do other organizations control administrative costs?"

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Grantstation Indirect Retail Calendar 56

Tech Soup

AUGUST 31, 2017

And it is important to clarify your thinking as you consider establishing a solid grants program for 2017 and into 2018, especially in this time of uncertainty around government funding. Capacity-building grants are limited and very difficult to get. Learn More About Finding Grant Funding with These Great Webinars.

Grantstation 48

Grantstation Letter Of Inquiry Funding Indirect 48

Peak Proposals

FEBRUARY 16, 2020

Developing a grant strategy involves identifying the funders and funding opportunities you intend to pursue over a certain period of time (usually a 12-month period, although it could be longer). Grant strategies should be updated at least annually. Why Develop a Grant Strategy?

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Grant Grants Proposal Award 40

Peak Proposals

DECEMBER 22, 2019

Our blog posts typically focus on grant strategies for nonprofit institutions. 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. Understanding Proposal Budgets a. Budget Preparation and Review b.

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Funding Proposal Grants.Gov Budget 52