Remove Budget Narrative Remove Indirect Remove Indirect Cost
article thumbnail

Developing a nonprofit budget: The basics and best practices

Candid

Among the free samples featured in this article are those for grant proposal budgets , which should include sources of income (e.g., grants and other contributions) and anticipated expenses, including direct costs (e.g., staff time, supplies, and evaluation), and indirect costs (e.g., rent, utilities, and marketing).

Budget 71
article thumbnail

Collaboration—Love it or Hate it?

Grant Professionals Association

When I’m trying to balance a Logic Model, Work Plan, twelve attachments, budget narrative, project abstract, and a thirty-page narrative, the last thing I need are twenty-minute debates about “how come they are getting more than we are?” Has this worked all the time? Absolutely not.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advocating for Real Costs and Organizational Expenses by Megan Campbell, MPA, GPC

Assel Grant Services

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.

GPC 40
article thumbnail

Grant Budget Best Practices: Make your project budget an asset for your application!

Grant Professionals Association

Budgets always change and formulas will allow you to make modifications much faster, facilitate collaboration, and ensure that all related costs and totals stay correct as you amend specific line items. Formulas also make it much easier to write your budget narrative as you have detailed calculations for all your line items.

Budget 59