Grants are a major source of funding in the nonprofit sector, and nonprofits invest considerable time, effort, and resources into obtaining them. A key aspect of any successful grant application initiative is budgeting and financial planning. A well–crafted budget, clearly delineating when, where, and how grant moneys will be applied, goes a long way toward selling a grantor on an applicant’s vision. Unfortunately, many nonprofit professionals lack the know–how required to create budgets that instill grantors with confidence. This book fills that much–needed gap. Authors James Aaron Quick and Cheryl Carter New walk you through the entire budgeting process, providing invaluable insider tips, guidelines, and rules of thumb. More importantly, they provide you with indispensable guidance including a complete, step–by–step budgeting system, with each step fully documented and accompanied by an arsenal of powerful tools, plus much more to help you transform your organization’s visionand missioninto reality.
DEVELOPING YOUR PROJECT.
What Is a Project: And Where Does One Come From?
What Is a Problem: And How Does a Project Come from One?
DEVELOPING YOUR BUDGETS.
Fundamentals of Project Budgets: Concepts and Terms.
Direct Costs: Definitions and Explanations.
Personnel Costs: Compute and Capture.
Travel Costs: Compute and Capture.
Other Direct Costs and Prices.
REPORTING YOUR BUDGETS.
Putting It All Together: Developing a Finished Budget.
The Budget Narrative.
About the CD–ROM.