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What you can do about the chaotic federal funds situation

Future Fundraising Now

Other nonprofit sectors: Funding is back. Heres my best advice for now: If you have no direct or indirect federal money in your budget: You are probably okay. If you face a loss of funding (direct, indirect, even potential): Ask your donors to help! Even if you have no funding at risk. Staff layoffs.

Funding 62
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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

Maintaining compliance can protect existing funding, as well. Keep reading for actionable tips to improve your allocation processes and avoid issues common to managing your nonprofit payroll and time tracking for grant reporting. Grants often come with specific stipulations on how funds should be allocated and reported.

Grant 99
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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Tracking: Cut Out the Spreadsheets!

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Grant Budgeting: Tips for Maximizing Funding Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofit’s growth, and it starts with crafting a well-planned and realistic budget. Nonprofits should pay close attention to any budgetary restrictions, such as allowable expenses, indirect cost rates, matching requirements, and reporting obligations.

Budget 115
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Understanding Indirect Costs: A Brief Overview

Grant Professionals Association

Indirect costs are the backbone of an organization’s operations. In the grant sphere, indirect costs represent the expenses associated with general operation and support of an organization or project. In grant proposals, organizations often include a request for funding to cover their indirect costs.

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How to Develop Your Nonprofit Operating Reserves

Blackbaud

The real takeaway here is to be able to articulate why the operating reserve fund exists for your organization and clearly understand the purpose, rather than getting hung up on the aggregate number. Governance and Management factors: How does your Board feel about how much you should have in reserve vs spending on programs?

Contracts 100
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Tips For Maximizing Grant Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofits growth, and it starts with crafting a well-planned and realistic budget. Before diving into the budgeting process, its essential for nonprofit managers to thoroughly review the grant guidelines and restrictions provided by the funding organization.