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
Recording date: October 19th, 2023
Use the following bookmarks to jump to sections of the training:
Introduction
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
Expenses
- 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
Income
- 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