GRANT PROPOSAL BUDGETS The Budget section is the backbone of the grant proposal. Some grant reviewers turn right to the budget before even reading the proposal to see what the money will be used for. Program activities must drive the budget. The program...
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GRANT PROPOSAL BUDGETS The Budget section is the backbone of the grant proposal. Some grant reviewers turn right to the budget before even reading the proposal to see what the money will be used for. Program activities must drive the budget. The program narrative should match the budget perfectly. There should be no “surprises” in a budget. Cost estimates should be credible and realistic. Inflated budgets will damage your credibility with the grant reviewer. Never use the word “Miscellaneous”. Most Foundations ask for two types of budgets to be included in a grant proposal: 1. Organization or Operating Budget 2. Project or Program Budget The Operating Budget is the financial statement that is submitted annually for approval by the nonprofit organization’s Board of Directors. It is a projection of Income and Expenses for the organization’s fiscal year. A template for the Organization Budget is included on the next page, though formats can vary depending on the organization. The Pr
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