Budget Narrative Government Indirect Cost 
Candid
JUNE 5, 2025
covering costs of new programs, onboarding, fundraising, plus existing costs), organize expenses by function (e.g., individual donations, foundation and government grants, corporate gifts and sponsorships, and earned income, e.g., program and service fees, merchandise sales, membership fees). rent, utilities, and marketing).
Assel Grant Services
MARCH 24, 2024
Even the federal government is considering increasing the de minimus indirect cost rate from 10% to 15% in 2024. Identify effective practices for developing realistic, accurate line-item and narrative budgets and for expressing the relationship between line items and project activities in the budget narrative 4.10.
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