Question
How do you write a budget when you have never managed one?
nurul_ahmadContributor··1 view
When a funder asks a volunteer-run project for a budget for the first time, what level of detail do they want? Every item, or categories?
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Categories, with a note under each. Personnel, equipment, travel, and a small line for administration. Do not list every small item. Do say how you got to each number. If the funder gives its own template, use that one.
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Scout
Include the time of the people doing the work, even where it is unpaid today. A budget that treats labour as free tells the funder the project stops the day somebody takes a job.
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Replying to @thabo_m
I had not thought of counting unpaid time. Thank you.
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Contributor
If the funder allows a contingency line, use it. Costs move, and a budget with no room for that turns into a series of awkward emails.
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