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When Big Brothers Big Sisters of Mid-Maine submits grant proposals to foundations, the group breaks down program income budgets into three categories: committed, pending, and planned. Committed income ...
The Camden, Me., nonprofit lists its largest expenses first. “We want to focus on what the funder is putting their money towards,” says Alex Gaeth, the nonprofit’s chief executive. “One of the things ...
Your nonprofit organization has a long-term mission that should be reflected in a long-term budget plan as well. At the same time, your five-year nonprofit budget must be flexible and realistic.
Baltimore Mayor Brandon Scott’s proposed budget sends millions of taxpayer dollars to the Baltimore Children and Youth Fund, which in turn sends about half back to the city.
The proposed budget states that BCYF will send $6.9 million to the Mayor’s Office of Employment Development (MOED), which plans to use the funds for youth employment programs.
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