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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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Strategies for Impactful Grantmaking During Funding Uncertainty

Blackbaud

Amid times of significant uncertainty, your grantees need to know that you are informed, listening to their needs, and ready to support your communities. Stay Informed “The less you know about something, the riskier it becomes, Daniel shared. Here are three ways funders can support their grantees now and in the future.

Funding 67
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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

Blackbaud

You will want to think ahead about being able to easily capture grant information, set up tasks and deadlines, and then run accurate reports at any time. What if a donor or stakeholder wants quick information on a grant? Some grants may come with lots of stipulations about what operating costs they will fund—and how much.

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The Financial Edge: Crafting Budgets for Grant Success

Allied Grant Writers

The primary parts of a grant budget include personnel costs, project expenses, and administrative and indirect costs. Personnel Costs Personnel costs encompass the expenses related to the staff involved in the grant-funded project. These may include utilities, rent, and general administrative costs.

Budget 52
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Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting

Blackbaud

By having a clear picture of how funds are being used, you can make informed decisions about staffing, program development, and other resource-related matters. This solution helps organizations track employee hours, leave, and attendance, and integrates this information with Financial Edge NXT.

Grants 102
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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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13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate. Knowing how you want to handle indirect costs before you apply for government grants will speed up the application and reporting processes. Receiving the Grant Award Congratulations on winning the grant!