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Tips For Maximizing Grant Opportunities

The NonProfit Times

By Jackie Sue Griffin Securing grant funding is crucial to a nonprofits growth, and it starts with crafting a well-planned and realistic budget. Before diving into the budgeting process, its essential for nonprofit managers to thoroughly review the grant guidelines and restrictions provided by the funding organization.

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Nonprofits Guide to Applying and Negotiating an Indirect Cost Rate

PKS Grants & Accounting Solutions

Nonprofits Guide to Applying and Negotiating an Indirect Cost Rate In the previous article, we learned “ Why Your Organization Needs A Negotiated Indirect Cost Rate? ” Final rate - This is applicable to a specified past period which is based on the actual costs of the period. Let’s begin. See 2 CFR 200.19

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What Are Payroll Grants and Where Can I Find Them?

GrantNews

In fact, wages, salaries, rent, debt, and general operating costs are often listed as ineligible expenses. A “payroll grant” is a financial award given to a business or nonprofit to give them the capital they need to cover their payroll expenses. So, what exactly are payroll grants where can you find them?

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Grant Budgeting: Tips for Maximizing Funding Opportunities

The NonProfit Times

In this article, we’ll explore effective grant budgeting strategies that nonprofits can implement to strengthen their grant applications, increase their chances of success, and ultimately, make a greater impact in their communities. One strategy for maximizing cost-effectiveness is to explore volunteer support to supplement grant funds.

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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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Elevate Your Funding Prospects: Key Grant Writing Resources Revealed

Allied Grant Writers

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.

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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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