Training details

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About

Are you ready to start fundraising for your project or idea, but don't know what and how much to ask for? If preparing a budget for your foundation grant is holding you back, come learn the basic elements of how to draft a project budget with confidence.

This class will provide you with step-by-step instructions on how to generate a standard project budget for a foundation proposal. We will discuss:

  • The basic components of a project budget including income and expenses
  • How to estimate the realistic cost of a project
  • What other financial documents you may also need to submit with your proposal

Additional information

Video Bookmarks

Use the following bookmarks to jump to sections of the training:

2:35 Introduction

3:34 What funders want to see in project budgets

4:07 Components of a project budget

8:13 How will I know how much my project will cost?

10:17 Estimating personnel costs

12:40 Estimating non-personnel costs

14:01 Components of a project budget (expenses)

14:20 Indirect costs

15:30 Visible and hidden costs

16:24 Calculating your indirect cost rate

17:22 Components of a project budget (income)

17:46 Showing your income

21:00 Adding in-kind contributions

23:02 Other financial information

27:53 Budget considerations after the grant is approved

36:15 Key takeaways

37:25 Sample budget

Intended audience

  • All levels of experience
  • Fundraising & development staff
  • Grant writers

Prerequisites

Featuring

Elizabeth Zevada (she/her/ella) Network Engagement Manager, Northeast, Candid
Catalina Spinel Program Manager - New York Learning Center Candid

Published Friday, July 13, 2018