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

Assel Grant Services

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?

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Untangling the New Uniform Grant Guidance

RBW Strategy

Objective 3: Clarifying Sections that Recipients or Agencies have Interpreted in Different Ways : While this objective does not constitute specific policy or process changes, it does help to diminish confusion when questions are raised. This has led to a more robust definitions section and ensures a lack of ambiguity. Let’s examine each one.

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

Blackbaud

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.

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A Look at 2024 OMB Uniform Guidance Updates By: Kellie Brungard, GPC

Assel Grant Services

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.

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

Candid

Consider increasing resources by providing more funding to cover indirect costs and general operating support. So, here are some concrete steps to decrease our collective burnout: Funders can help by recalibrating their expectations of nonprofit partners. Also consider easing demands (e.g.,

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The Essential Guide to Nonprofit Budgets in 2024

Grant Writing Made Easy

Regulatory Changes: Ongoing changes in government policies and regulations can affect funding, operations, and compliance, requiring constant vigilance and adaptability from nonprofit organizations. Capital Costs: If applicable, costs associated with purchasing or upgrading physical assets for the program.

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Finding Funding for Research

Peak Proposals

Through our work in grant development, we’ve met many faculty members who have not received training on how to find funding or write grant proposals. And either way, you may be able to leverage your data to bring about policy changes. Either way, you might receive media attention if your work produces interesting findings.

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