Grants Budget: Planning & Preparation
Principal Investigators Association, October 2010, Pages: 60
60 Minute Audio Conference presented by Tia Cavender, MA, GPC & Cheryl Kester, MA, CFRE
Avoid the pitfalls of budget planning
Principal Investigators Association has teamed with grant experts, Tia Cavender and Cheryl Kester to provide insight on crafting comprehensive budgets and circumvent hazards to budget planning.
Challenges for Principal Investigators:
- Accurately estimating project budgets; budget changes after an award is granted
- Possible delays from internal processes (e.g., approval from the institution’s sponsored program office)
- Planning personnel expenses and allocating percent effort
- Indirect cost rates and their effect on project budgets
- Providing sufficient detail in the budget narrative
Take-Away Benefits:
- Tips for successful budget planning
- Strategies for navigating institutional approval processes
- A better understanding of how to prepare strong budget narratives
- Suggestions to help avoid common budget pitfalls (e.g., not spending enough money, inaccurate budget estimates, unanticipated post-award changes)
- Samples (e.g., budget narratives), resources (e.g., budget planning checklist), and concrete examples
Tia Cavender, MA, GPC: In 2007, Tia became one of the first professional grant writers in the nation to be credentialed as a Certified Grants Professional (GPC) by AAGP’s Grants Professional Certification Institute. She is also currently a member of the American Association of Grant Professionals (AAGP) & the American Evaluation Association (AEA).
Tia has prepared grant requests for the NIH Agency for Healthcare, Research, & Quality, NIH National Cancer Institute, Dept. of Health & Human Services, National Science Foundation, The Colorado Trust, Kresge Foundation, Frey Foundation, WK Kellogg Foundation, and many more.
Cheryl L. Kester, M.A., CFRE is owner of Thomas-Forbes & Kester, LLC, a full-service grants consulting firm that serves higher education, health care, faith-based, and human services clients across the nation in obtaining foundation, state and federal grants. Prior to joining the firm, she was grants director for a private college where she built the college’s first grant office. Kester received a B.A. in English from John Brown University and an M.A. from Georgetown University. She is a member of the American Association of Grant Professionals and the Council for Advancement and Support of Education. She is an experienced trainer and speaker.
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