RBW Strategy

JUNE 3, 2024

In addition to developing and submitting a Negotiated Indirect Cost Rate Agreement, our team developed policies and procedures that are compliant with federal policy requirements. Outcome RBW Strategy worked with the company to navigate the administrative challenges and maintain grant compliance after the company’s IPO.

Indirect Cost 130

Indirect Cost Federal Award Indirect Grant Policy 130

Blackbaud

NOVEMBER 8, 2023

Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Knowing how you want to handle indirect costs before you apply for government grants will speed up the application and reporting processes. Receiving the Grant Award Congratulations on winning the grant!

Government 116

Government Indirect Cost Indirect Grants 116

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

Instrumentl

OCTOBER 11, 2023

This post explores what a grant budget should include, examples of direct costs vs. indirect costs, how to write grant budget justifications, and give you a list of grant budget examples.

Budget 95

Budget Indirect Cost Indirect Template 95

Blackbaud

FEBRUARY 13, 2025

Free Whitepaper What you need to know about calculating indirect costs for your nonprofit Learn how The post Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting first appeared on The ENGAGE Blog by Blackbaud.

Grants 101

Grants Grant Indirect Cost Budget 101

GrantNews

FEBRUARY 13, 2025

Applicants may request an indirect cost rate of up to 15 percent of the total award request. Costs may include but arent limited to payroll processing , audit fees, and office equipment.

Grants 75

Grants Grant Indirect Cost Insurance 75

Grant Professionals Association

NOVEMBER 13, 2024

The professional development I attended this year included sessions on grant management, project management, change management, business branding, and the relevance of credentials to the field of higher education.

GPC 59

GPC Grants Grant Indirect Cost 59

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 104

Indirect Cost Indirect Finance Government 104

DH Leonard Consulting & Grant Writing Services

MAY 5, 2023

To help make you feel more confident when reviewing RFPs and making recommendations on whether or not to apply, I recommend that you have a list of the key things that your organization’s leadership agrees are important when looking at RFPs (whether a formal decision-making matrix or informal checklist is up to you/your organization), including: (..)

Indirect Cost 129

Indirect Cost Indirect Grant Writing Grant 129

Allied Grant Writers

DECEMBER 25, 2024

Budget A detailed account of the financial resources needed, including direct and indirect costs. When developing a budget, one should consider the following elements: Direct Costs : These are expenses that can be directly attributed to the project, such as personnel, materials, and travel.

Grant Writing 52

Grant Writing Grants Grant Indirect Cost 52

Allied Grant Writers

DECEMBER 25, 2024

When preparing the budget: Itemize Expenses : Break down costs into categories such as personnel, materials, and overhead. Consider Indirect Costs : If applicable, include administrative or overhead costs, justifying their necessity for project success.

Grant Writing 52

Grant Writing Grants Grant Indirect Cost 52

RBW Strategy

JUNE 11, 2024

De Minimis Indirect Cost Rate Increase (§200.414): For those recipients (and subrecipients) who do not have a negotiated indirect cost rate agreement in place, this is welcome news. As overhead and administrative costs grow, organizations often scramble to find ways to recoup this funding.

UEI 130

UEI Grants Grant Procurement 130

Assel Grant Services

DECEMBER 8, 2024

indirect costs, matching funds, supplanting). Similarly, be willing and available to attend funder site visits and support agency staff as needed during preparation. Understand the issues that could impact their nonprofit agencys finances (e.g., braided funding strategies, direct v.

GPC 40

GPC Grant Writing Indirect Cost Ethics 40

Blackbaud

APRIL 4, 2024

Calculating indirect costs can be challenging. For each program, break down its actual revenue and expenses, including its necessary overhead, such as your staff’s time devoted to office administration, marketing and fundraising for such program.

Finance 118

Finance Budget Indirect Cost Indirect 118

Candid

JUNE 9, 2022

A proposal project budget consists of two basic elements: 1) the estimated costs of your project and 2) the anticipated income needed to meet those costs. Your income consists of any grants or contributions plus any earned income earmarked for the project, such as ticket sales or fees for services. .

Budget 105

Budget Indirect Cost Proposal Indirect 105

PKS Grants & Accounting Solutions

FEBRUARY 19, 2020

Free Online Professional Development Presenters are Grants Professional Association Approved Trainers Access to all the recordings after the summit Bonus: I am one of the presenters on What, Why, How’s of an Indirect Cost Rate When: March 13, 2020 (9 am to 1 pm PST) & (12 pm to 4 pm EST) Don’t Miss——-Sign up Today.

Indirect Cost 52

Indirect Cost Indirect Grant Writing Consulting 52

Allied Grant Writers

DECEMBER 25, 2024

Budgets should include: Direct Costs : Expenses that can be directly attributed to the project, such as salaries, materials, and equipment. Indirect Costs : Overhead costs, such as utilities and administrative expenses. Budget Component Description Direct Costs Expenses directly related to the project.

Grant Writing 52

Grant Writing Funding Grants Grant 52

Candid

FEBRUARY 7, 2023

Your project budget will ideally mirror the associated direct and indirect costs of the items outlined in your project description, such as staffing, rent, supplies, promotion, and the like. Project budget Here you’ll get down to the dollars and cents required to address your need or problem.

Proposal 105

Proposal Grants Grant Indirect Cost 105

Allied Grant Writers

DECEMBER 25, 2024

Components of a grant budget may include: Budget Item Estimated Cost Personnel $XX,XXX Materials and Supplies $XX,XXX Indirect Costs $XX,XXX Maintaining meticulous records during the project implementation stage is also crucial.

Grant Writing 52

Grant Writing Grants Grant Budget 52

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. Earned income from events, products, and fees.

Proposal 98

Proposal Letter Of Inquiry LOI Grants 98

GiveSmart

MARCH 12, 2024

Typical costs for in-person events include venue rental, catering, marketing, and staffing. Along with expenses connected directly to the event, there are also indirect costs to account for, such as staff salaries. Ideally, the event ROI for nonprofits will equal more than 70% of the cost of hosting and organizing.

Indirect Cost 52

Indirect Cost Indirect Contracts Contract 52

Grant Professionals Association

JULY 25, 2023

Or my favorite—when one organization has a NICRA (Negotiated Indirect Cost Rate Agreement) of 47% while the other three organizations use the 10% de minimus rate, and this causes a stir. I’ve even negotiated that none of us ask for Indirect Costs so all the money goes directly to the program! Has this worked all the time?

Indirect Cost 52

Indirect Cost IT NICRA Logic Model 52

Blackbaud

AUGUST 20, 2024

From an income statement point of view, they will discuss the hidden benefits of segregation of duties and how overhead expenses and allocation of indirect costs impact the “bottom line.” Michael Gellman will explore how to help senior leadership better understand and monitor the balance sheet and operating reserves.

Finance 104

Finance AI Federal Grants Indirect Cost 104

Grant Geek

MARCH 1, 2022

Along with your specific costs associated with your project, sometimes there is also an indirect negotiated cost rate that needs to be factored in. An Indirect Cost Rate is the negotiated rate that you, as the applicant, have negotiated with the funder to cover. Indirect costs may be either fixed or variable.

Budget 52

Budget Indirect Cost Indirect Subaward 52

Get Fully Funded

NOVEMBER 29, 2010

For this particular group, I told them they need to let people know how much it costs them to provide service to 1 client for 1 year, and ask donors to sponsor a client. And, I told them to include indirect costs when they calculated the costs per client per year. There was a bit of silence at this point.

Indirect Cost 68

Indirect Cost Fundraising Indirect Management 68

Tech Soup

JANUARY 29, 2015

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 ). American Institute of CPAs' Accounting and Audit Guide for not-for-profit organizations. Let's Break the Starvation Cycle.

Indirect Cost 66

Indirect Cost Contract Contracts Indirect 66

Candid

AUGUST 29, 2023

Consider increasing resources by providing more funding to cover indirect costs and general operating support. So, here are some concrete steps to decrease our collective burnout: Funders can help by recalibrating their expectations of nonprofit partners. Also consider easing demands (e.g.,

Burnout 98

Burnout IT Indirect Cost Indirect 98

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. So, the organizations behind the grants use the reporting requirements to make sure the funds go towards addressing those impact areas. Restricted funds often outline what they will fund and what they won’t.

Funding 111

Funding Indirect Cost Pass-Through Donation 111

Assel Grant Services

JULY 21, 2024

Raising the De Minimis Indirect Rate that recipients may use for indirect costs without negotiating an alternative rate from 10% to 15%, and raising the amount of indirect costs a recipient can include in its base calculation of modified total direct costs for each subawardee from $25,000 to $50,000.

GPC 40

GPC Indirect Cost Federal Award Indirect 40

Get Fully Funded

SEPTEMBER 17, 2012

Be sure to include both direct and indirect costs. My sympathies. Now, let’s fix it. Once you identify the need to raise money , get really clear about the amount you need. Down to the penny. Create a Case for Support to give you a basis for fundraising.

Fundraising 68

Fundraising Indirect Cost Indirect Budget 68

GrantNews

JANUARY 11, 2024

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 93

Indirect Cost Nonprofit Grant Grants 93

Allied Grant Writers

MARCH 17, 2025

This should include both direct and indirect costs, ensuring transparency and accountability. Budget Development: Create a detailed budget that outlines all projected expenses and demonstrates how the grant funds will be utilized.

Funding 52

Funding Grants Grant Proposal 52

Tech Soup

SEPTEMBER 19, 2012

Join us to learn how The Financial Edge helps you manage grant activity using grant relevant dates, perform administrative tasks directly in the system so you don’t have to use external error-prone spreadsheets, and automate the indirect cost reimbursement calculation. Now that's something you can really celebrate!

Software 44

Software Indirect Cost Indirect Grant Management 44

Assel Grant Services

MARCH 24, 2024

Even the federal government is considering increasing the de minimus indirect cost rate from 10% to 15% in 2024. matching requirements, supplanting issues, indirect costs, prevailing rates, performance-based fees, client fees, collective bargaining, allowable versus non-allowable cost)

GPC 40

GPC Indirect Cost Budget Narrative Indirect 40

Get Fully Funded

FEBRUARY 22, 2022

These are also known as indirect costs, expenses that cannot be tied directly to programs. When you track your nonprofit administration spending, you will have several categories feeding into what is considered overhead, including management, general, and fundraising.

Fundraising 132

Fundraising Budget Nonprofit Indirect 132

Tech Soup

SEPTEMBER 19, 2012

Join us to learn how The Financial Edge helps you manage grant activity using grant relevant dates, perform administrative tasks directly in the system so you don’t have to use external error-prone spreadsheets, and automate the indirect cost reimbursement calculation. Now that's something you can really celebrate!

Software 36

Software Indirect Cost Indirect Grant Management 36

Allied Grant Writers

SEPTEMBER 22, 2024

Ensure all costs are justifiable and directly related to the project. Include both direct costs (e.g., salaries, materials) and indirect costs (e.g., Budget tips: Be as detailed and specific as possible. If possible, show other funding sources or in-kind contributions to demonstrate broader support.

Proposal 52

Proposal Funding Grants Grant 52