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What’s New and What’s Next: Why Your Finance Team Should Attend bbcon 2024

Blackbaud

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. They will discuss the importance of having both your development and finances teams involved in donor stewardship. Reporting is a key part of any finance professional’s role.

Finance 82
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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Relying on core policies that include both finance and program offices improves collaboration because everyone knows what their roles are and where the directive comes from. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Make sure your program team understands their role.

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

Assel Grant Services

finance staff, grant writers, program staff, consultants, and grant administrators). 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. What are indirect costs?

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3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

Develop a more accurate overall budget In collaboration with your organization’s finance committee, create a more accurate overall budget by using project or program-based budgets. Calculating indirect costs can be challenging.

Finance 97
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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

Understand Your Indirect Costs Tracking and allocating your indirect costs is one of the most tedious aspects of grant applications and reporting. Some grants may come with lots of stipulations about what operating costs they will fund—and how much. Ready to tackle the tasks of grants?

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Tip 2: Bring both your program and finance teams into the grant application and award process.

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The Overhead Solution: A New Nonprofit Pride Movement

Tech Soup

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 ). Finances accounting fundraising donors overhead' Let's Break the Starvation Cycle. Image 1 : The Overhead Myth. spanhidden.