The NonProfit Times

MAY 28, 2024

Nonprofits should pay close attention to any budgetary restrictions, such as allowable expenses, indirect cost rates, matching requirements, and reporting obligations. Nonprofits should create a detailed budget that accurately reflects the costs associated with implementing the proposed project or program.

Budget 115

Budget Indirect Cost Funding Grants 115

Blackbaud

DECEMBER 20, 2023

Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization. If you aren’t including indirect costs—such as salaries or rent—into your funding requests or program planning, you are setting yourself up for stress later in the year.

Indirect Cost 88

Indirect Cost Indirect Finance Government 88

Blackbaud

APRIL 4, 2024

Calculating indirect costs can be challenging. Program-based budgets will allow your organization to make more precise cash flow projections and more appropriate fundraising goals for the year so that your organization can plan to accomplish more, not less.

Finance 102

Finance Budget Indirect Cost Indirect 102

Grant Writing Made Easy

MAY 1, 2024

Adaptation to Technological Advances: With the rapid integration of technology such as AI in financial management, nonprofits must quickly adapt to utilize these tools effectively, which can be a barrier for organizations with limited tech expertise or resources. This step is crucial for setting realistic financial goals.

Budget 52

Budget Grant Writing AI Utilities 52

Blackbaud

APRIL 8, 2024

These grants typically have goals associated with them—the foundation has a specific mission, or the government grant wants to address a specific societal issue. Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities.

Funding 96

Funding Indirect Cost Pass-Through Donation 96

Candid

JULY 13, 2023

Anticipated expenses: Direct costs, like staff time, consultants, supplies, equipment, and evaluation (such as conducting surveys or collecting feedback). Indirect costs—or the invisible costs, like rent, utilities, office supplies, marketing, and administrative staff. Needs statement. Project description.

Proposal 91

Proposal Letter Of Inquiry LOI Grants 91

GrantNews

JANUARY 11, 2024

Myth: A well-run nonprofit should have low “overhead” costs. Reality: Operating costs, such as paying utility bills, rent, salaries, and investing in office equipment are referred to by a variety of names, including “overhead,” “administrative costs,” and “indirect costs.”

Indirect Cost 67

Indirect Cost Nonprofit Grants Grant 67