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

Assel Grant Services

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. The key is knowing how your organization’s policy and procedure for allocating indirect costs and what this entails.

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

Blackbaud

So many nonprofits found 2023 to be particularly stressful. Here are seven ways your team can make sure your nonprofit has a strong financial foundation this year. It gives your nonprofit breathing room when a problem or a new opportunity arises.

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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

As a nonprofit finance professional, you want all your data to be accurate. Keep reading for actionable tips to improve your allocation processes and avoid issues common to managing your nonprofit payroll and time tracking for grant reporting. Maintaining compliance can protect existing funding, as well.

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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! For small nonprofits, the project proposal and organization-wide budgets might be the same. . Don’t know where to begin? Others include: .

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Untangling the New Uniform Grant Guidance

RBW Strategy

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.

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The Nonprofit Administration Dilemma: How Much Should You Spend on Fundraising?

Get Fully Funded

As your nonprofit starts to blossom, don’t be surprised if you are conflicted over how much to spend on nonprofit administration, especially fundraising. But you have to spend some money on running your nonprofit. The training. Overspending on fundraising is NOT the problem I see most often in small nonprofits, though.

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How to write a winning grant proposal

Candid

If you are wondering how to get started, consider showcasing the information in your Candid nonprofit profile. 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.

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