Writing a budget narrative for grant
Compensation paid for employees engaged in grant activities should be consistent with that paid for similar types of work within the organization. Some grant periods are less than a year and only for a specific season. Fringe benefits — List all employment related costs, such as FICA, workers compensation, health insurance, and retirement benefits.
Never go it alone when it comes to grants. Meeting Supplies: For administrative meetings, workshops, etc.
Budget narrative attachment form
The work you do to create one section will necessarily inform and shape the other, and vice versa. Be specific when listing all your subcategories. One example of a budget breakdown includes the following categories: Personnel and Consultants or alternately break these into two separate categories Fringe Benefits. Review the guidelines from the funder and use the budget categories provided. Supplies Supplies are where a lot of your items may be listed. Otherwise, for the most part, each item should be covered in its own paragraph, under the appropriate category. Include the cost of a plane ticket, the price of a hotel per night and the number of nights you will be staying, and a food allowance. Updated by Joanne Fritz. Office Supplies including binders, file folders, printer paper, toner, staples, etc. Other Budget Narrative: Example Computers: Youth Soccer Rocks will purchase two computers — one for the project manager and one for the bookkeeper — to complete all programmatic and financial reports. If numbers are not your forte, be sure to get help from your business office or accountant.
On the flip side, do you have ample resources included in your budget to meet the objectives? Fringe Benefits Fringe benefits are those taxes and benefits that the employer must pay for an employee.
Budget Preparation for Grants Present your grant proposal budget in a way that will make an excellent impression on the grant reviewer.
based on 56 review