Remove Finance Remove Indirect Cost Remove Media
article thumbnail

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.

article thumbnail

Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Budget A detailed account of the financial resources needed, including direct and indirect costs. To delve deeper into managing finances related to your proposal, explore our article on budgeting for grants. Timeline : Consider the duration of the project and how costs will occur during that time frame.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. In addition to the media attention surrounding MacKenzie Scott’s remarkable giving , there are other movements that also highlight the importance of unrestricted funds.

Funding 111
article thumbnail

Finding Funding for Research

Peak Proposals

Either way, you might receive media attention if your work produces interesting findings. USG negotiated indirect cost rate: In the case of USG grant applications, many institutions (this includes both educational institutions and nonprofits) have a Negotiated Indirect Cost Rate Agreement (NICRA) with the US government.

Funding 52