THE BUDGET SHOWS THE DETAILED COSTS OF
YOUR PROJECT
Show how the
grantor’s money will be spent on the needs
outlined in your Objectives Statement.
Show how your budget is reasonable and consistent
with the needs you have outlined in your Objectives Statement.
Detail the costs
of your project:
Direct costs are line items, or
explicit project costs: personnel and the things they will use to carry
out the project. Personnel costs can include
salaries, benefits, and consultant’s fees. Other direct
costs can be equipment, supplies, travel, and publication expenses. Each
cost is listed on a separate line in your budget.
Indirect costs areoperating costs or administrative
costs not specifically listed in your budget as line items but are real costs
in your project anyway. Time spent processing a payroll or time spent planning and
"brainstorming" on your project are examples of indirect costs.
Balance your budget exactly
Don’t underestimate: this shows that
you don’t understand your project realistically.
Don’t pad the numbers, or overestimate:
this shows you are trying to get more than you really need.
Examples and Resources:
Frequently Asked Questions
Sample Budgets:
Application For Justice
Training Grant Funds - PDF Document
Police Academy Training Grant Budget Worksheet - PDF
Document
Eisenhower "Connecting With the Learner" Budget Sheet
- PDF Document
http://www.whitehouse.gov/OMB/grants/index.html
Federal Government Office of Mangement and Budget, Grants Management. See this site for all OMB Circulars, OMB Grants Management Standard Forms, Federal policy documents, and related links. This site is an essential resource for developing a budget
if you are applying for a Federal grant.
National Science Foundation
Financial Improvement and Post Audit Operations, U.S. Dept. of Education. This site
explains the nuts and bolts of Indirect Costs and related issues for non-profit
organizations.
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