Remove Goals Remove Indirect Remove Metrics
article thumbnail

Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

To effectively research grant opportunities, individuals should consider the following steps: Identify potential funding sources that align with their organizations mission or project goals. Objectives Outlines the goals the grant aims to achieve. Understanding their mission will help align your project with their goals.

article thumbnail

5 Essential Employee Retention Tips for Nonprofit Managers

Blackbaud

Assess your goals and incentive structures. Effective goal-setting can be a powerful retention tactic by building feedback, development, and engagement into day-to-day work, both at the team-wide and individual levels. If you don’t already set quarterly or annual goals for your team, consider how you might start.

Insiders

Sign Up for our Newsletter

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

article thumbnail

3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

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 119
article thumbnail

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

Blackbaud

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. Tip 2: Review your scheduled reports.

article thumbnail

Elevate Your Funding Prospects: Key Grant Writing Resources Revealed

Allied Grant Writers

Understanding this purpose can guide the grant writing process, ensuring that proposals align with the funder’s goals. Impact of Grants on Students Grants also play a significant role in education by providing students with financial assistance to pursue their academic goals. Evaluation Plan Methods to measure project success.

article thumbnail

Your Unrestricted Funds Need Stewardship, Too

Blackbaud

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. Behavior: what people did differently as a result.

Funding 111
article thumbnail

Are we making progress? Identifying organizational outcomes 

Candid

Why outcomes matter As a nonprofit that serves other nonprofits (rather than providing direct services), the impact we make is typically indirect. Start with the end goal in mind. Metric: Nonprofits spend less time and money per dollar raised. Metric: Nonprofits led by people of color receive their fair share of grant dollars.

Metrics 52