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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.

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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.,

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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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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. These indirect costs can be allocated to grant proposals.

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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. To delve deeper into managing finances related to your proposal, explore our article on budgeting for grants.

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Introduction to Nonprofit Program Budgets

Grant Writing Made Easy

Indirect Expenses: These include administrative and overhead costs, all the costs of all departments outside of the program department, such as finance, human resources, and development. These are some of the most common terms you’ll see on program budget forms: Direct Expenses: These include all the costs associated with the program.

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Taking the Fear out of Grant Management: Conflict of Interest By: Kellie Brungard, GPC

Assel Grant Services

This can include finance staff, grant writers, program staff, consultants, and grant administrators (among others). A good COI policy will include provisions for regular COI training. NGMA divides the grant lifecycle into three phases: pre-award, award, and post-award. Grant management is usually associated with federal grant awards.