Remove Funding Remove Indirect Remove Insurance
article thumbnail

What Are Payroll Grants and Where Can I Find Them?

GrantNews

Explore available funding today and give your organization the support it needs! Fellows receive funding for professional development. Hosting organization contributes to health insurance and other benefits, the requisite payroll taxes associated with having the fellow on payroll , and other costs.

Grant 80
article thumbnail

Understanding Nonprofit Overhead: Strategies for Transparency and Efficiency in 2025

Blackbaud

Office of Management and Budget (OMB) revised their uniform guidance in 2024, increasing the de minimus (or standard) rate allowed for indirect costs—overhead for federal grants—from 10 to 15%. It also includes any legal fees as well as insurance and general office management, like copy paper and ink for the printer.

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

All in unrestricted funds with no reporting necessary. While nonprofits will hopefully see an increase in unrestricted funds—and a decrease in burdensome reporting requirements—as part of this and other movements, good nonprofit accounting principles still apply. What Are Restricted Funds? What are Unrestricted Funds?

Funding 111
article thumbnail

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

Blackbaud

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

article thumbnail

How to Get Started with a Major Gifts Campaign

Get Fully Funded

You have programs that need to be funded, special projects to undertake and maybe equipment or vehicles you’d like to have. Sometimes you can get a foundation to fund those particular needs, but most of the time, the most effective and efficient use of your time is creating a major gifts campaign to raise that money.

article thumbnail

How to Get Started with a Major Gifts Campaign

Get Fully Funded

You have programs that need to be funded, special projects to undertake and maybe equipment or vehicles you’d like to have. Sometimes you can get a foundation to fund those particular needs, but most of the time, the most effective and efficient use of your time is creating a major gifts campaign to raise that money.

article thumbnail

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. Revenue: All the funding coming in that you’re allocating to the program. For example, if they ask for matching funds, include those.

Budget 98