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. There are four major documents that you may need to create if your nonprofit is looking for funding. To see this in practice, review our proposal budget sample documents.
RBW Strategy
JUNE 11, 2024
This is a natural consequence when several different administrative requirements documents and cost circulars are consolidated into one document, and meant to be universally applied. The new guidance states that cognizant federal agencies will uphold these indirect rates and pass-through entities (PTEs) must do the same.
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Blackbaud
NOVEMBER 8, 2023
Identify a place to store documentation, including applications and relevant policies, in a place where everyone has access, such as within the grant record within your fund accounting software or a cloud storage tool. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate.
Blackbaud
APRIL 2, 2024
Understand Your Indirect Costs Tracking and allocating your indirect costs is one of the most tedious aspects of grant applications and reporting. Having a fund accounting solution built for nonprofits will allow you to document these grant spending rules to help you later calculate reimbursements.
Blackbaud
DECEMBER 20, 2023
Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization. If you aren’t including indirect costs—such as salaries or rent—into your funding requests or program planning, you are setting yourself up for stress later in the year.
Candid
JUNE 9, 2022
Your expenses will be direct costs— any personnel and non-personnel costs that you wouldn't have if you didn't have the project—and indirect costs, also known as administrative costs or overhead. We recommend watching these online Candid courses to learn the basics: Introduction to Project Budgets, and Creating a Sound Proposal Budget. .
Candid
FEBRUARY 7, 2023
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. Project budget Here you’ll get down to the dollars and cents required to address your need or problem.
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