Remove Finance Remove Indirect Cost Remove Training
article thumbnail

Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

As a nonprofit finance professional, you want all your data to be accurate. Train Your Staff Training staff on the proper procedures for time tracking and payroll allocation is crucial. Regular training sessions can also help address any questions or concerns, ensuring a smooth and efficient allocation process.

Grant 102
article thumbnail

More Than Fiduciary Oversight – How Board Members Can Support the Grant Writing Team by Megan Campbell, MPA, GPC

Assel Grant Services

While board members play an important role in assuring agency finances and grant funds are treated ethically, they are also partially responsible for resource development that is, ensuring their organization has the resources needed to fulfill its mission. Understand the issues that could impact their nonprofit agencys finances (e.g.,

GPC 40
Insiders

Sign Up for our Newsletter

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

article thumbnail

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?

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

Capacity Building Grants often fund training and development efforts, helping organizations to grow and improve their services. Budget A detailed account of the financial resources needed, including direct and indirect costs. Timeline : Consider the duration of the project and how costs will occur during that time frame.

article thumbnail

Upcoming Webinars on The Financial Edge Nonprofit Accounting Software

Tech Soup

Join us to learn how The Financial Edge helps you manage grant activity using grant relevant dates, perform administrative tasks directly in the system so you don’t have to use external error-prone spreadsheets, and automate the indirect cost reimbursement calculation. Now that's something you can really celebrate!

article thumbnail

Upcoming Webinars on The Financial Edge Nonprofit Accounting Software

Tech Soup

Join us to learn how The Financial Edge helps you manage grant activity using grant relevant dates, perform administrative tasks directly in the system so you don’t have to use external error-prone spreadsheets, and automate the indirect cost reimbursement calculation. Now that's something you can really celebrate!