The essential elements of a credible project budget for your grant applications.
The Basics of a Credible Budget
Funders will assess your project through the lens of your budget. It needs to be accurate, realistic and aligned with the activities described.
Key Cost Categories
- Human resources (salaries, benefits)
- Operating costs (rent, insurance, technology)
- Project costs (supplies, travel, communications)
- Administrative and management costs
Justifying Each Line Item
Include budget notes to explain the assumptions behind your figures. This builds funder confidence.