Indirect Cost Information Policies 
Assel Grant Services
SEPTEMBER 23, 2024
Check out the previous posts on conflict of interest policies and procedures and time and effort ! Have you ever wondered what indirect costs entail, or heard the term “de minimus rate” and questioned what that means? These indirect costs can be allocated to grant proposals. What are indirect costs?
Blackbaud
NOVEMBER 8, 2023
Pre-Award Preparation Have certain policies and processes in place before applying for a grant so you can be confident you meet their requirements and there are no surprises. Tip 1: Have your leadership drive the conversation on grant funding and the policies associated with this revenue stream. Update your policies accordingly.
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Blackbaud
APRIL 2, 2024
You will want to think ahead about being able to easily capture grant information, set up tasks and deadlines, and then run accurate reports at any time. So how can you minimize these errors and create data entry policies for your users? What if a donor or stakeholder wants quick information on a grant?
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. Next, calculate the expenses for each channel.
RBW Strategy
JUNE 11, 2024
As stated in the guidance, OMB revised Parts 25 (Unique Entity Identifier & System for Award Management), 170 (Reporting Subaward & Executive Compensation Information), and 175 (Award Term for Trafficking in Persons) to ensure its guidance properly aligns with underlying statutes, as amended. Let’s examine each one.
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.
Grant Writing Made Easy
MAY 1, 2024
Regulatory Changes: Ongoing changes in government policies and regulations can affect funding, operations, and compliance, requiring constant vigilance and adaptability from nonprofit organizations. Use this analysis to inform your budget planning, helping predict future financial conditions more accurately.
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