article thumbnail

Title

RBW Strategy

In addition to developing and submitting a Negotiated Indirect Cost Rate Agreement, our team developed policies and procedures that are compliant with federal policy requirements. Outcome RBW Strategy worked with the company to navigate the administrative challenges and maintain grant compliance after the company’s IPO.

article thumbnail

Biopharmaceutical Company

RBW Strategy

In addition to developing and submitting a Negotiated Indirect Cost Rate Agreement, our team developed policies and procedures that are compliant with federal policy requirements. Outcome RBW Strategy worked with the company to navigate the administrative challenges and maintain grant compliance after the company’s IPO.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Blackbaud

So how can you minimize these errors and create data entry policies for your users? Understand Your Indirect Costs Tracking and allocating your indirect costs is one of the most tedious aspects of grant applications and reporting. Tracking: Cut Out the Spreadsheets! Ready to tackle the tasks of grants?

article thumbnail

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.

article thumbnail

Taking the Fear out of Grant Management: Conflict of Interest By: Kellie Brungard, GPC

Assel Grant Services

Over the coming weeks, we will outline common grant management practices that are applicable to organizations with foundation funding, state funding, pass-through funding, and direct federal funding, beginning with the conflict of interest policy. A good COI policy will include provisions for regular COI training.

article thumbnail

5 Essential Employee Retention Tips for Nonprofit Managers

Blackbaud

All of your organization’s practices directly or indirectly contribute to retention by creating a more engaging and well-run workplace. These elements are particularly important: Alt text: The key elements and practices that contribute to nonprofit employee retention, detailed in the text below.

article thumbnail

Nonprofit Accounting Basics: 5 Fundamentals to Know

Get Fully Funded

Fiscal Policies and Procedures Along with your budget, your fiscal policies and procedures provide guidance for how your team should handle your organization’s funds day to day. Jitasa’s nonprofit financial management guide recommends creating the following fiscal policies: Gift acceptance. Expense reimbursement.

Policy 52