Training details

Produced by Candid

access_time 1 hour, 8 minutes

attach_money Free

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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

Recording date: October 19th, 2023

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


Introduction to project budgets

  • 00:04:08 What funders want to see in project budgets 
  • 00:04:50 Components of a project budget
  • 00:07:00 If you know your project you can plan your budget


  • 00:09:11 How will I know how much my project costs? 
  • 00:13:35 Estimating personnel costs
  • 00:22:41 Estimating non-personnel costs 
  • 00:26:05 Indirect costs
  • 00:33:07 Calculating your indirect cost rate


  • 00:35:48 Showing your income
  • 00:39:40 Adding in-kind contributions
  • 00:45:32 Other financial information
  • 00:47:13 Budget consideration after the grant is approved

Wrapping up

Intended audience

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



Ivonne Simms (she/her) Educational Programming Manager, Candid
Lori Guidry Educational Programming Manager, Candid

Published Monday, November 13, 2023