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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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Taking the Fear out of Grant Management: Indirect Cost Allocation By: Kellie Brungard, GPC

Assel Grant Services

Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means? These indirect costs can be allocated to grant proposals. These indirect costs can be allocated to grant proposals. What are indirect costs? That is an indirect expense to this particular grant project.

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

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The basics of building a nonprofit budget

Candid

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? Others include: .

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The Essential Guide to Nonprofit Budgets in 2024

Grant Writing Made Easy

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.

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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

With a fund accounting software system designed for nonprofits, you can fully track all your grants, especially restricted grants, in one place. Fund accounting software can allow you to accurately curate grant reports to track restrictions, set budgets, and audit grant awards.

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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

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. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Review them regularly against the approved budget.