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.

Indirect Cost 97

Indirect Cost Funding Indirect Software 97

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?

Finance 100

Finance Budget Indirect Cost Indirect 100

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 86

Indirect Cost Indirect Finance Government 86

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

Pamela Grow

JULY 24, 2024

Your team will need to manage many moving parts, budget carefully, and stay organized to achieve your event fundraising goal. The competition with other supporters is indirect, but participants can bid on as many items as they want at the same time.

Procurement 130

Procurement Nonprofit Pass-Through Indirect 130

Qgiv

APRIL 11, 2023

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. Typically reading donor signals that are indirect requires some sort of software tools to gather that data. What are Donor Signals?

Indirect 104

Indirect CRM Goals Media 104

Candid

JULY 13, 2023

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. Your budget should show your credibility and impact with numbers. A proposal budget should include: Sources of income: Grants and other funding contributions. Proposal budget.

Proposal 92

Proposal Letter Of Inquiry LOI Grant 92

Blackbaud

JUNE 25, 2024

But like the rest of the nonprofit world, you face unique challenges when it comes to retaining employees, ranging from tight compensation budgets to work-balance issues. This will help you determine the best indirect benefits to offer in addition to cash compensation. Offer competitive compensation.

Indirect 70

Indirect Consultant Consulting Consulting 70

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. Creating a Sound Proposal Budget.

Training 101

Training Proposal Indirect Proposal Writing 101

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

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 85

Finance AI Federal Grants Indirect Cost 85

iGrantWriters

JUNE 27, 2023

The established CESU Program indirect rate is 17.5%. A full proposal and budget are not required at this stage. Award decisions will be based on mutual agreement and acceptance of the terms and conditions outlined in the request for proposal and the recipient's CESU Master Agreement.

Indirect 52

Indirect Electronics Proposal Award 52

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

Get Fully Funded

NOVEMBER 24, 2010

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. Now, let’s have a look at what a program budget for a grant really is.

Budget 53

Budget Indirect Grant Grants 53

Candid

FEBRUARY 7, 2023

Project budget Here you’ll get down to the dollars and cents required to address your need or problem. Your project budget will ideally mirror the associated direct and indirect costs of the items outlined in your project description, such as staffing, rent, supplies, promotion, and the like.

Proposal 97

Proposal Grant Grants Indirect Cost 97

Get Fully Funded

JULY 8, 2024

Here are some of the key aspects of nonprofit HR, according to Astron Solutions : Limited resources : Most of the time, nonprofits work on tight budgets and don’t have a lot of resources to devote to HR tasks when they need to focus on their productivity in other areas just to keep the doors open. But it’s a different story for nonprofits.

IT 52

IT Nonprofit Consulting Consulting 52

Get Fully Funded

JANUARY 16, 2024

Budgeting Your nonprofit’s annual budget is a key financial planning document that guides your organization’s spending and fundraising efforts. Most nonprofits break down the revenue side of their budget by source. It details all of the costs you expect to incur and the funds you predict you’ll bring in throughout the year.

Policy 52

Policy Policies Finance Budget 52

Tech Soup

APRIL 26, 2017

The grantseeking challenge of organizational lack of time and staff relates to indirect and administrative cost control techniques; almost two-thirds of our respondents (65 percent) reported reducing staff in order to control overhead. Respondents were asked, "How did you reduce your indirect/administrative costs?"

Grantstation 47

Grantstation Indirect Grant Grants 47

iGrantWriters

JUNE 22, 2023

The established CESU Program indirect rate is 17.5%. Please note that at this stage, a full study proposal and proposed budget are not required. Funding: Approximately $213,260 is expected to be allocated for the base period of 36 months, which includes 2 full spring and summer seasons.

Grants.Gov 52

Grants.Gov Indirect Proposal Government 52

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. Not only does this help you budget and forecast better, but this information also makes creating annual reports and website updates easier. Restricted funds often outline what they will fund and what they won’t.

Funding 94

Funding Indirect Cost Pass-Through Donation 94

Assel Grant Services

JULY 14, 2024

For many funders, costs to prepare an application (or pre-award costs) and fundraising expenses are not allowable direct or indirect expenses. The best practice is to reduce risk by accepting a salary or fee for grant writing services that are not included in the proposal budget. Why is this addressed so thoroughly?

Ethics 40

Ethics GPC Grant Management Grant Writing 40

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 95

Burnout IT Indirect Cost Indirect 95

GrantNews

JANUARY 11, 2024

Reality: Operating costs, such as paying utility bills, rent, salaries, and investing in office equipment are referred to by a variety of names, including “overhead,” “administrative costs,” and “indirect costs.” Funding supports libraries with little access to budget assistance.

Indirect Cost 68

Indirect Cost Nonprofit Grant Grants 68

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?"

Grantstation 56

Grantstation Indirect Retail Calendar 56

Tech Soup

AUGUST 31, 2017

One of the participants asked this question, which I feel sure is on the top of your mind as well: "Program grants have a budget directly related to them, and for the most part do not cover operations or overhead costs. Indirect and administrative costs remained the same or decreased for 70 percent of respondents.

Grantstation 48

Grantstation Letter Of Inquiry Funding Indirect 48

Grant Writing Made Easy

MAY 20, 2024

Budget: A clear and detailed budget is essential to assure funders that their money will be spent wisely. Itemize and justify each cost associated with the project, from direct costs like materials and labor to indirect costs such as administrative expenses.

Grant Writing 52

Grant Writing Grant Grants Proposal 52

Tech Soup

JANUARY 29, 2015

Firms limit their audit of expenses to comparing current year to prior year or budget, which is customary in a for-profit environment, simply because most audit programs are not tailored to nonprofits, or auditors do not have sufficient nonprofit experience. Budgeting, fiscal policies, and internal control resources. More Resources.

Indirect Cost 66

Indirect Cost Contracts Contract Indirect 66

Get Fully Funded

OCTOBER 14, 2021

Recruitment obstacles: Nonprofits tend to face a more challenging recruiting environment because they have tighter budgets. Nonprofit HR departments must balance managing tight budgets with paying employees a fair, appealing wage. Assess your organization’s budget and priorities to determine what type of HR investment to make.

IT 52

IT Nonprofit Consultant Consulting 52

Blackbaud

NOVEMBER 8, 2023

Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Knowing how you want to handle indirect costs before you apply for government grants will speed up the application and reporting processes. Review them regularly against the approved budget.

Government 107

Government Indirect Cost Grant Grants 107

Tech Soup

JULY 18, 2017

Every day, cultural and nonprofit institutions face unique challenges while working towards a mission with a small technical staff and digital budget. They receive ongoing budget priority and dedicated resources. Limited money, revolving staff, and regulatory pressures require that visionaries think ahead of their competition.

Indirect 70

Indirect Management Software Budget 70

Selfish Giving

JUNE 13, 2018

Create a Facebook ad and set a budget to specifically target these email subscribers (aka your supporters). and YOU CAN promote partnerships on your site. However, it does require a bit of research and a content mindset. Again, I can help with this. This post could run on your site, your partner's site or even a third-party site.

Indirect 53

Indirect Utilities Media Budget 53

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. Would you like to know how to find the problem and fix it? Consider the Cycle of Mediocre Fundraising. Frankly you’re more than a bit nervous. My sympathies.

Fundraising 68

Fundraising Indirect Cost Indirect Budget 68

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

UEI 130

UEI Grant Grants Federal Grants 130

Peak Proposals

AUGUST 1, 2023

The areas where questions typically come up tend to fall into one of six buckets: (1) eligibility, (2) formatting, (3) scope, (4) personnel, (5) budget, and (6) partnerships. Still others may provide level-of-effort guidelines, such as “Key personnel must be budgeted for a minimum of x% FTE [full-time equivalent] on the grant.”

Funding 40

Funding Proposal Indirect LOI 40

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. What is Uniform Guidance? Raising the level of single audit requirements from $750,000 to $1,000,000.

GPC 40

GPC Indirect Cost Federal Award Indirect 40

Planned Giving

DECEMBER 16, 2023

I’ve surveyed thousands of industry leaders, and their answers are always the same: lack of time and lack of budget. Number 3: Not putting a direct or indirect ask in every single marketing piece you put out. Competition can come from indirect and unexpected sources. But I don’t believe that. You can always outsource the legal.

Indirect 91

Indirect Pass-Through Publishing Demographics 91

Peak Proposals

FEBRUARY 16, 2020

In the process of developing your grant strategy, you’ll be forced to consider how many opportunities you can reasonably pursue given your current budget and staff. Some questions to consider are: Budget Target : How much grant funding will you need to bring in to meet your revenue goals? Absolutely not.

Grant 40

Grant Grants Proposal Applicant 40