I’m also interested in this question. I heard about rumors of this possibility 6-8 months ago, but not since. At the moment, 15% de minimus seems to be the law for new grants, but there are still plenty of forms in use listing the old 10% rate.

Negotiating a rate like this is a big pain. As of this month, the de minimus rate was increased to 15% from 10%. You might want to consider just taking this default rate. The time saved is worth considering.

I am a longtime AI leader, starting with founding for-profit machine learning companies in Silicon Valley, and then bringing technology (including AI) to multiple areas of the nonprofit sector. I just want to point out that at least 90% of the things I hear AI is going to do in the nonprofit world are going to fail over the next three years. It…

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I always suggest founders of new nonprofits use a fiscal sponsor to handle accounting, 501c3 status and other back office work. Having the founders working on the mission and figuring out if there is a real need for the org and the programs (and findability), and not on the machinery of starting and administering of a charity is well worth the… Read more