Remove Government Remove Indirect Remove Software
article thumbnail

13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

In our webinar with Rachel Werner and James Spencer from RBW Strategy, they covered steps to help nonprofits that receive—or are looking to start receiving—government grant funding. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate.

article thumbnail

How to Develop Your Nonprofit Operating Reserves

Blackbaud

Governance and Management factors: How does your Board feel about how much you should have in reserve vs spending on programs? Uneven cash flows: How much does your income and spending vary throughout the year? Revenue volatility factors: How volatile are your revenue sources?

Contract 103
Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Blackbaud

If a government regulation changed or community preferences shifted, would you have time to react? Make Sure You’re Ready for Your Next Government Grant Government grants are a great addition to any nonprofit’s balance sheet. Tip 1: Before applying for a government grant, perform a financial integrity risk assessment.

article thumbnail

Crafting Opportunities: Exploring the Grant Writing Process

Allied Grant Writers

Grant Writing Essentials Understanding Grants and Their Purpose Grants are financial awards provided by governments, foundations, or corporations to support a specific project or initiative. These resources include government websites, private foundations, and community organizations.

article thumbnail

Grants for Church: A Comprehensive Guide to Securing Funding for Ministry and Community Outreach

Allied Grant Writers

Grants, provided by government agencies, private foundations, and philanthropic organizations, represent a crucial opportunity for churches to secure non-repayable funds that support mission-critical programs. State and Local Grants: Many state and local governments offer grants to support community-based initiatives.

Funding 52
article thumbnail

3 Strategies to Build Your Organization’s Financial Capacity

Blackbaud

Building your organization’s financial capacity involves investing in solid financial systems, but also engaging in more strategic board governance and leadership. Calculating indirect costs can be challenging.

Finance 119
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.

Funding 111