This lesson is focused on best budget practices and is a continuation of the previous lesson, Budgets Made Easy, Part 1. This lesson will take approximately 90 minutes.
Lesson Objectives – by the end of the session, the participants will:
- Know how to explain the rationale behind each budget line item
- Be able to identify budget line items that should be explained further in the budget narrative
- Be able to achieve alignment among the general proposal narrative, budget, and budget narrative
- Know how to create a budget and budget narrative the costs of which can be easily matched by the SF-424 Application for Federal Assistance
- Be familiar with common differences between budgets/budget narratives in federal grants as compared to those in foundation grant applications
Lesson Resources: