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Taking the Fear out of Grant Management: Indirect Cost Allocation By: Kellie Brungard, GPC

Assel Grant Services

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. A grant manager is anyone involved in the management and administration of a grant (e.g.,

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Untangling the New Uniform Grant Guidance

RBW Strategy

We’ll start by discussing the “why” of these changes, why the Office of Management and Budget (OMB) decided to make them now, and how they align with larger changes happening in the federal government. As overhead and administrative costs grow, organizations often scramble to find ways to recoup this funding. Let’s examine each one.

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The basics of building a nonprofit budget

Candid

Budgets can be one of the most intimidating aspects of grantseeking and nonprofit management, especially for new projects or organizations—most of us don’t have accounting degrees after all! The good news is that budgets aren’t as complicated as most people fear. Don’t know where to begin? Don’t worry, we’re here to help you get started.

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

Blackbaud

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization.

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The Financial Edge: Crafting Budgets for Grant Success

Allied Grant Writers

It outlines how funds will be allocated and ensures that all projected costs are accounted for. A well-prepared budget not only reflects the financial needs of the project but also demonstrates the applicant’s responsibility and capability to manage funds effectively.

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Yes, the GrantSummit is Still Relevant to Me, a Grant Professional of over 20 Years!

Grant Professionals Association

Now, the conference is much more manageable for me as I’m able to mix different aspects of my professional career all in one conference. When I first started attending the GrantSummit, I was often overwhelmed with all I was learning and how I would possibly integrate all I had learned before the next conference.

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Why we’re all burned out and what to do about it  

Candid

This explains why some folks seem to manage lots of demands without burning out (they usually also have lots of resources). Consider increasing resources by providing more funding to cover indirect costs and general operating support. Managers can prevent burnout by creating human-centered norms with their team.

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