article thumbnail

Strategies for Impactful Grantmaking During Funding Uncertainty

Blackbaud

Funders are really important, Kristina said on the webinar. Can you provide support for capacity building or indirect costs like salaries to help grantees weather the unexpected shortfall without taking lines of credit? They are looking to their grantmaking partners for communication and transparency.

Funding 67
article thumbnail

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

Blackbaud

Learn more and sign up for a webinar about NXT Time, check out the Capital Business Solutions website. By automating the process, nonprofits can make better data-driven decisions and focus on their mission rather than getting bogged down in manual data entry.

Grant 102
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

Understand Your Indirect Costs Tracking and allocating your indirect costs is one of the most tedious aspects of grant applications and reporting. This is where tracking indirect costs directly on a grant record will guarantee you are accurately calculating reimbursements and staying on top of billing.

article thumbnail

13 Tips for Ensuring Government Grant Compliance for Your Nonprofit Organization

Blackbaud

In our webinar with Rachel Werner and James Spencer from RBW Strategy, they covered steps to help nonprofits that receive—or are looking to start receiving—government grant funding. Tip 4: Calculate your indirect cost or make an intentional decision to use the de minimis rate.

article thumbnail

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. 5,000 Administrative and Indirect Costs Administrative and indirect costs refer to the overhead expenses that support the overall operation of the organization but are not directly linked to a specific project.

Budget 52
article thumbnail

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

Blackbaud

For more information on getting your organization ready for government grants, check out our webinar with Rachel Werner and James Spencer from RBW Strategy on Building a Strong Grants Compliance Team: The Importance of Finance and Program Staff Collaboration or our follow-up blog post.

article thumbnail

Upcoming Webinars on The Financial Edge Nonprofit Accounting Software

Tech Soup

Join Blackbaud for two upcoming webinars on this product: Pay No Attention to the Person Behind the Curtain (Financial Reporting). With The Financial Edge, nonprofits can manage reporting, grants, restricted funds, nonprofit-specific workflows, and collaboration with the fundraising department.