Introduction to Project Budgets
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
Qualifies for
1.0 CFRE point(s)
Additional information
Video Bookmarks
- Candid Learning Newsletter, https://candid.org/stay-up-to-date/newsletters
- Sample Documents, https://learning.candid.org/resources/sample-documents/
- CandidDotOrg twitter page, https://twitter.com/CandidDotOrg
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