Blackbaud

DECEMBER 20, 2023

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. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs. Identify the top line for each channel.

Indirect Cost 105

Indirect Cost Indirect Finance Government 105

Assel Grant Services

SEPTEMBER 23, 2024

By now, I hope you are realizing grant management doesn’t have to be a scary web of confusing topics and rules. With this grant management series, I aim to outline some of the commonly seen issues and provide resources to learn more. Check out the previous posts on conflict of interest policies and procedures and time and effort !

Indirect Cost 40

Indirect Cost Indirect Grant Management GPC 40

Assel Grant Services

SEPTEMBER 4, 2024

Too often, grant management is seen as a scary, messy aspect of grant funding, and we have a vague understanding of the requirements or components. In the nonprofit field, it’s common for staff to be put in a role where they manage grants but might not have the knowledge or resources to understand what that entails.

Grant Management 40

Grant Management GPC Management Pass-Through 40

Assel Grant Services

JULY 21, 2024

Over the past year, you may have overheard grant professionals discussing potential OMB Uniform Guidance updates. Before 2013, federal grant requirements were located in multiple OMB circulars. In essence, this updated, reorganized, and consolidated federal grant management requirements into a single document.

GPC 40

GPC Indirect Cost Federal Award Indirect 40

Candid

AUGUST 29, 2023

Consider increasing resources by providing more funding to cover indirect costs and general operating support. deadlines, reporting, grant applications) when possible. So, here are some concrete steps to decrease our collective burnout: Funders can help by recalibrating their expectations of nonprofit partners.

Burnout 98

Burnout IT Indirect Cost Indirect 98

Tech Soup

JANUARY 29, 2015

If the shelter tracks its program costs just by grant/contract, what happens to expenses that are not chargeable to either of the two contracts? Guidelines from the Office of Management and Budget ( Circular A-122 for information on indirect costs and Uniform grant guidance for updated information on indirect costs determination ).

Indirect Cost 66

Indirect Cost Contracts Contract Indirect 66

Get Fully Funded

JANUARY 16, 2024

Grants provided by the government and foundations. Fiscal Policies and Procedures Along with your budget, your fiscal policies and procedures provide guidance for how your team should handle your organization’s funds day to day. Compile all of these policies in a handbook to serve as a reference for your employees.

Policy 52

Policy Policies Finance Budget 52

Assel Grant Services

JULY 14, 2024

Within the grant profession, the Grant Professionals Association (GPA) has defined a clear code of ethics for members to abide by and establish boundaries within practice that uphold the integrity of the industry. Mission Creep Organizations often see grant funding as an opportunity to launch a new program.

Ethics 40

Ethics GPC Grant Writing Grant Management 40

DoJiggy

MARCH 5, 2024

Achieving 501(c)(3) status not only provides significant benefits, including tax exemptions and grant eligibility, but also requires adherence to specific operational and legal criteria. Direct or indirect participation in political campaigns on behalf of or in opposition to any candidate for public office is prohibited.

Donation 49

Donation Policy Policies Indirect 49

Peak Proposals

FEBRUARY 16, 2020

Developing a grant strategy involves identifying the funders and funding opportunities you intend to pursue over a certain period of time (usually a 12-month period, although it could be longer). Grant strategies should be updated at least annually. Why Develop a Grant Strategy?

Grant 40

Grant Grants Proposal Award 40

Greater Giving

JANUARY 21, 2025

Also called administrative or indirect costs, theyre typically not tied to specific programs or activitiesmeaning they indirectly support your mission. Nonprofit overhead costs are expenses supporting an organizations operations and infrastructure. Look for a fractional CFO who specializes in nonprofit financial management.

Management 52

Management Indirect Nonprofit Indirect Cost 52

Blackbaud

FEBRUARY 22, 2025

Highly recommend: creating and inserting a stylized illustration of the equation for the scrollers The above calculation can be simplified even further: NTR = Total Tuition Tuition Modifiers (scholarships, grants, discounts, etc.). Strengthen retention efforts: Retaining current students is more cost-effective than recruiting new ones.

Metrics 52

Metrics Indirect Award Management 52

Peak Proposals

DECEMBER 22, 2019

Our blog posts typically focus on grant strategies for nonprofit institutions. Through our work in grant development, we’ve met many faculty members who have not received training on how to find funding or write grant proposals. Creating a Realistic Timeline for Preparing Your Grant Proposal a. Key Budgeting Concepts VI.

Funding 52

Funding Proposal Grants.Gov Budget 52

Grant Writing Made Easy

MAY 1, 2024

In 2024, the grant landscape for nonprofits has evolved significantly, emphasizing the need for meticulous financial planning and transparent budgeting to meet funder expectations. As highlighted by the 2024 GPA report , a well-prepared budget is not just beneficial but essential for securing grants and sustaining operations.

Budget 52

Budget Grant Writing AI Utilities 52

Peak Proposals

AUGUST 1, 2023

Read “Formatting Tips to Make Your Grant Proposal a Standout” 3. a 5-year grant vs. a 1-year grant) that intend to reach a large number of beneficiaries and achieve a lengthy list of outcomes and deliverables. ☞ Interested in formatting tips? They touch on the where, how, what, and when of the project, and matters of scale.

Funding 40

Funding Proposal Indirect LOI 40

Get Fully Funded

JULY 8, 2024

And you need the right practices and policies in place to ensure those employees are prepared to do their jobs well and have a positive employment experience at your organization. Project-reliant staffing : Many nonprofits depend on grants and other project- or program-specific funding. Regulatory compliance. Recruitment and retention.

IT 52

IT Nonprofit Consultant Consulting 52

Get Fully Funded

OCTOBER 14, 2021

Project-reliant staffing: Many nonprofits depend on grants and other forms of project or program-specific funding. These include the Fair Labor Standards Act, social security policies, OSHA requirements, and all state and local labor regulations. Experts in the field recommend a “total rewards” approach to employee compensation.

IT 52

IT Nonprofit Consultant Consulting 52

The NonProfit Times

NOVEMBER 14, 2024

Fundraising: This category includes all expenses related to soliciting donations, grants, and other forms of financial support. Indirect allocation is the more complex method and should be used when the cost benefits multiple functions. Not only is it important that a policy is in place, but that it is followed and applied.

Indirect 52

Indirect Policy Policies Insurance 52