Blackbaud

FEBRUARY 13, 2025

Free Whitepaper What you need to know about calculating indirect costs for your nonprofit Learn how The post Why Accurate Payroll and Time Allocation Is Crucial for Your Nonprofit Grant Reporting first appeared on The ENGAGE Blog by Blackbaud. The lack of a single source of truth can lead to discrepancies and frustration.

Grant 102

Grant Grants Indirect Cost Budget 102

Blackbaud

NOVEMBER 8, 2023

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. In the words of the great 80s hairband Poison, every rose has its thorn.

Government 116

Government Indirect Cost Indirect Grant 116

The NonProfit Times

MAY 28, 2024

Nonprofits should pay close attention to any budgetary restrictions, such as allowable expenses, indirect cost rates, matching requirements, and reporting obligations. When developing the project budget, nonprofits should be realistic in their estimates, taking into account potential cost overruns and unexpected expenses.

Budget 115

Budget Indirect Cost Funding Grant 115

GrantNews

FEBRUARY 13, 2025

Applicants may request an indirect cost rate of up to 15 percent of the total award request. Costs may include but arent limited to payroll processing , audit fees, and office equipment. While payroll grants are hard to come by, they are out there, but where?! The answer is easy.

Grant 78

Grant Grants Indirect Cost Insurance 78

Grant Professionals Association

NOVEMBER 13, 2024

I have been a member of the Grant Professionals Association for 17years (though it was the American Association of Grant Professionals when I joined!) and each year I wonder if the GrantSummit will be my last. Will I find enough sessions which teach me new concepts? Will I meet people who are new to me?

GPC 59

GPC Grant Grants Indirect Cost 59

Blackbaud

DECEMBER 20, 2023

Calculate Your Indirect Cost Rate Complete and correct cost allocation is key to the financial stability of your organization. If you aren’t including indirect costs—such as salaries or rent—into your funding requests or program planning, you are setting yourself up for stress later in the year.

Indirect Cost 105

Indirect Cost Indirect Finance Government 105

RBW Strategy

JUNE 11, 2024

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. Plus, there’s more….

UEI 130

UEI Grant Grants Procurement 130

Allied Grant Writers

DECEMBER 25, 2024

Budget A detailed account of the financial resources needed, including direct and indirect costs. When developing a budget, one should consider the following elements: Direct Costs : These are expenses that can be directly attributed to the project, such as personnel, materials, and travel.

Grant Writing 52

Grant Writing Grant Grants Indirect Cost 52

DH Leonard Consulting & Grant Writing Services

MAY 5, 2023

Reviewing funder guidelines, especially large government guidelines, comes with a fair amount of pressure not to miss a key detail or misinterpret an organization’s eligibility, alignment, and overall competitiveness with the opportunity.

Indirect Cost 129

Indirect Cost Indirect Grant Writing Grant 129

Allied Grant Writers

DECEMBER 25, 2024

When preparing the budget: Itemize Expenses : Break down costs into categories such as personnel, materials, and overhead. Consider Indirect Costs : If applicable, include administrative or overhead costs, justifying their necessity for project success. Use Simple Language : Avoid jargon.

Grant Writing 52

Grant Writing Grant Grants Indirect Cost 52

Assel Grant Services

DECEMBER 8, 2024

indirect costs, matching funds, supplanting). What does that mean? According to BoardSource , the board [of directors] is responsible for ensuring that the organization is appropriately stewarding the resources entrusted to it and following all legal and ethical standards. braided funding strategies, direct v. Celebrate the wins.

GPC 40

GPC Grant Writing Indirect Cost Ethics 40

Blackbaud

APRIL 4, 2024

Calculating indirect costs can be challenging. Let’s face it—budget planning can cause a lot of stress and anxiety for nonprofits. Do we have the funds this year to maintain our programs? And what do we do if the answer is “no”? Just because a program takes more from your budget than it gives doesn’t mean it needs to be cut.

Finance 119

Finance Budget Indirect Cost Indirect 119

Candid

AUGUST 29, 2023

Consider increasing resources by providing more funding to cover indirect costs and general operating support. Unfortunately, an undisputable trend these days is burnout. How to tell if you’re burning out While burnout might seem like a buzzword, it’s also a concept backed by decades of research. Also consider easing demands (e.g.,

Burnout 98

Burnout IT Indirect Cost Indirect 98

Grant Professionals Association

JULY 25, 2023

Or my favorite—when one organization has a NICRA (Negotiated Indirect Cost Rate Agreement) of 47% while the other three organizations use the 10% de minimus rate, and this causes a stir. I’ve even negotiated that none of us ask for Indirect Costs so all the money goes directly to the program! I hate collaboration.

Indirect Cost 52

Indirect Cost IT NICRA Logic Model 52

Candid

JUNE 9, 2022

A proposal project budget consists of two basic elements: 1) the estimated costs of your project and 2) the anticipated income needed to meet those costs. Your income consists of any grants or contributions plus any earned income earmarked for the project, such as ticket sales or fees for services. .

Budget 106

Budget Indirect Cost Proposal Indirect 106

Allied Grant Writers

DECEMBER 25, 2024

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.

Grant Writing 52

Grant Writing Funding Grant Grants 52

GiveSmart

MARCH 12, 2024

Typical costs for in-person events include venue rental, catering, marketing, and staffing. Along with expenses connected directly to the event, there are also indirect costs to account for, such as staff salaries. Ideally, the event ROI for nonprofits will equal more than 70% of the cost of hosting and organizing.

Indirect Cost 52

Indirect Cost Indirect Contract Contracts 52

Candid

FEBRUARY 7, 2023

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. Writing a proposal for a project grant can feel like a daunting task, but with the right guidance, it doesn’t need to be a bewildering endeavor.

Proposal 106

Proposal Grant Grants Indirect Cost 106

Allied Grant Writers

DECEMBER 25, 2024

Components of a grant budget may include: Budget Item Estimated Cost Personnel $XX,XXX Materials and Supplies $XX,XXX Indirect Costs $XX,XXX Maintaining meticulous records during the project implementation stage is also crucial. Each type of grant has its own purpose, eligibility requirements, and application processes.

Grant Writing 52

Grant Writing Grant Grants Budget 52

Candid

JULY 13, 2023

Anticipated expenses: Direct costs, like staff time, consultants, supplies, equipment, and evaluation (such as conducting surveys or collecting feedback). Indirect costs—or the invisible costs, like rent, utilities, office supplies, marketing, and administrative staff. Other times, it serves as the entire proposal.

Proposal 98

Proposal Letter Of Inquiry LOI Grant 98

Grant Geek

MARCH 1, 2022

Staying within the guidelines of the grant can sometimes include the maximum or minimum funding requests, cost per participant, and maximum caps on administration costs and indirect. Along with your specific costs associated with your project, sometimes there is also an indirect negotiated cost rate that needs to be factored in.

Budget 52

Budget Indirect Cost Indirect Subaward 52

Blackbaud

AUGUST 20, 2024

From an income statement point of view, they will discuss the hidden benefits of segregation of duties and how overhead expenses and allocation of indirect costs impact the “bottom line.” She’ll also provide an overview of the updated requirements and expectations based on the new Universal Guidance changes. Join Us Virtually!

Finance 105

Finance AI Federal Grants Indirect Cost 105

Blackbaud

APRIL 8, 2024

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. For years, nonprofits and funders have operated on the premise that success means keeping operating costs—like salaries and marketing—low. What are Unrestricted Funds?

Funding 111

Funding Indirect Cost Pass-Through Donation 111

Get Fully Funded

NOVEMBER 29, 2010

Don’t assume that people know how much you need or how much it costs to run your programs. For this particular group, I told them they need to let people know how much it costs them to provide service to 1 client for 1 year, and ask donors to sponsor a client. I love that saying. So I asked them in detail about the event.

Indirect Cost 68

Indirect Cost Fundraising Indirect Management 68

Tech Soup

JANUARY 29, 2015

Hydeh Ghaffari, a partner at the accounting firm of DZH Phillips, points out the urgent need for nonprofit administrators to distinguish between and fully account for programmatic and overhead costs. If the shelter tracks its program costs just by grant/contract, what happens to expenses that are not chargeable to either of the two contracts?

Indirect Cost 66

Indirect Cost Contract Contracts Indirect 66

Allied Grant Writers

MARCH 17, 2025

This should include both direct and indirect costs, ensuring transparency and accountability. The Importance of Grants for Churches Diversifying Funding Streams Reliance solely on traditional funding sources can sometimes limit a churchs growth and impact.

Funding 52

Funding Grant Grants Proposal 52

Get Fully Funded

FEBRUARY 22, 2022

As the costs add up, you might be asking: How much of a nonprofit’s annual budget should be spent on administrative tasks and fundraising? These are also known as indirect costs, expenses that cannot be tied directly to programs. But you have to spend some money on running your nonprofit. And fundraising. The training.

Fundraising 132

Fundraising Budget Nonprofit Indirect 132

Assel Grant Services

JULY 21, 2024

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.

GPC 40

GPC Indirect Cost Federal Award Indirect 40

Get Fully Funded

SEPTEMBER 17, 2012

Be sure to include both direct and indirect costs. Figuring out what is causing your disheartening results is the first step in fixing it. You may feel as though you’re trying everything you can think of and nothing is really working. You want to bring in big bucks, but the truth is your fundraising results are mediocre at best.

Fundraising 68

Fundraising Indirect Cost Indirect Budget 68

GrantNews

JANUARY 11, 2024

Reality: Operating costs, such as paying utility bills, rent, salaries, and investing in office equipment are referred to by a variety of names, including “overhead,” “administrative costs,” and “indirect costs.”

Indirect Cost 93

Indirect Cost Nonprofit Grant Grants 93

Tech Soup

SEPTEMBER 19, 2012

Join us to learn how The Financial Edge helps you manage grant activity using grant relevant dates, perform administrative tasks directly in the system so you don’t have to use external error-prone spreadsheets, and automate the indirect cost reimbursement calculation. Register now : Thursday, September 20, 2012 2:00 p.m.

Software 44

Software Indirect Cost Indirect Grant Management 44

Assel Grant Services

MARCH 24, 2024

The assumption that overhead or operating expenses are somehow “bad” undermines the reality that it costs money to deliver a nonprofit’s mission ( Council of Nonprofits, 2023 ). Even the federal government is considering increasing the de minimus indirect cost rate from 10% to 15% in 2024. to function.

GPC 40

GPC Indirect Cost Budget Narrative Indirect 40

Tech Soup

SEPTEMBER 19, 2012

Join us to learn how The Financial Edge helps you manage grant activity using grant relevant dates, perform administrative tasks directly in the system so you don’t have to use external error-prone spreadsheets, and automate the indirect cost reimbursement calculation. Register now : Thursday, September 20, 2012 2:00 p.m.

Software 36

Software Indirect Cost Indirect Grant Management 36

Allied Grant Writers

SEPTEMBER 22, 2024

Ensure all costs are justifiable and directly related to the project. Include both direct costs (e.g., salaries, materials) and indirect costs (e.g., Planning : Develop your project idea and align it with the funder’s priorities. Let’s delve deeper into some of these critical components.

Proposal 52

Proposal Funding Grant Grants 52

Peak Proposals

AUGUST 1, 2023

in terms of scope, cost, complexity, or all three). When you come across a funding opportunity that looks like it is a good fit, it can be tempting to start work on it immediately, especially if the deadline is only a few weeks away. But jumping into the writing phase without first reading through the solicitation carefully is always risky.

Funding 40

Funding Proposal Indirect LOI 40

Grant Writing Made Easy

MAY 1, 2024

Fixed Costs: Regular expenses like rent, utilities, and salaries. Variable Costs: Expenses that fluctuate such as event costs, project-specific expenses, and marketing campaigns. Capital Costs: If applicable, costs associated with purchasing or upgrading physical assets for the program.

Budget 52

Budget Grant Writing AI Utilities 52

Grant Writing Made Easy

MAY 20, 2024

Itemize and justify each cost associated with the project, from direct costs like materials and labor to indirect costs such as administrative expenses. This specialized form of writing artfully blends the narrative flair of storytelling with the meticulous accuracy of technical writing.

Grant Writing 52

Grant Writing Grant Grants Proposal 52