Spring Into Stability: Exploring Cost Allocations and a NICRA Amid Funding Uncertainty
Date: April 23rd @ 12:00 pm ET
With fluctuating funding streams and evolving grant requirements, maintaining financial stability is essential for nonprofits. This session will provide practical strategies for navigating negotiated indirect cost rate agreements (NICRA) and cost allocation methods. Gain insights into your indirect cost rates and strengthen your organization’s financial resilience amid funding uncertainty.
Learning Objectives:
- Describe and illustrate common cost allocation methods.
- Define a negotiated indirect cost rate agreement (NICRA) and related guidance and terminology.
- List reasons why (or why not) nonprofits might apply for a NICRA.
- Outline the basic process for building a NICRA proposal.
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