Remove Indirect Cost Remove Insurance Remove Readiness
article thumbnail

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

Blackbaud

Some revenue sources will clearly be revenue-wise (self-supporting or clearly core to the mission and supported by outside sources), and some will be ready to sunset. Make Sure You’re Ready for Your Next Government Grant Government grants are a great addition to any nonprofit’s balance sheet.

article thumbnail

Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. You can create presentation-ready charts that visually show what funds were spent, how they were used, and how that has changed over time.

Funding 111
article thumbnail

Finding Funding for Research

Peak Proposals

If the proposal you are working on has a six-week turnaround , the first draft of the budget and the second draft of the narrative proposal should be ready for review at the same time (roughly 2–2.5 NICRA covers indirect costs (facilities and administrative costs) and fringe benefit expenses. weeks into the process).

Funding 52