+Foundations Show Signs of Moving Beyond ‘Overhead Myth’
Many of the efforts to craft new financing approaches are young and have not yet produced dramatic change.
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+The OMB Uniform Guidance: What It Is and Why It Matters to Counties and Nonprofits
Historic grants reforms published by the federal government in late 2014 are now the law of the land. The reforms apply to federal grant funds that flow to states, counties, cities and nonprofits throughout the U.S.
+$0.88 of Every $1 for Programs: That’s Nothing to Brag About!
But, a larger issue looms.
+Nonprofits Win Key Victory in Overhead Battles With Government
Rather than focusing on what Congress will (or won’t) do in the new year, foundations and other nonprofits would do well to take a close look at a little-noticed overhaul of federal grant-making rules—in the works for three years and that took...
+The Word for Today is “Overhead”: OMB Uniform Guidance Takes Effect
The OMB Uniform Guidance, the new rules for nonprofits that...
+New Laws for Nonprofits in 2015 You Should Know About
Indirect costs of nonprofits are now required to be reimbursed. This new rule on costs reimbursement of nonprofits is a major victory for people who rely on nonprofits and for those who lead them.
New Rules on Costs, Reimbursement of Nonprofits Finalized
Major Victory for People Who Rely on Nonprofits
New Rules on Costs, Reimbursement of Nonprofits Finalized
New Federal Grant & Contract Guidelines are a Good First Step for Everyone
The guidelines are long and complex, but highlights include:
OMB increases indirect cost reimbursements for nonprofits
It’s also hoped the acknowledgment by OMB will get the attention of corporations and foundations whose grants funding still operates under the 7-10 percent indirect costs principle.
Federal Grantees to Get Help With Overhead Costs
The Office of Management and Budget said it considered higher rates, but that it picked a “conservative” amount “to protect the federal government from excessive over reimbursement.”
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