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Nonprofit Grant Budgeting

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Robert Seestadt
Robert Seestadt

This document discusses nonprofit budgeting basics. It covers the different types of budgets including enterprise budgets and grant-specific budgets. For grant budgets, it outlines key elements like wages, indirect costs, and in-kind contributions. It also provides tips on how to develop budgets and lists common mistakes to avoid such as not reading guidelines, missing deadlines, and failing to clearly outline outcomes. The overall document serves as an introduction to nonprofit budgeting.

EducaciónTecnología
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Budgeting Basics ©2009 Robert Seestadt / CFOShare LLC Nonprofit Accounting and Finance cfoshare.com 248.714.9400
Nonprofit Budgeting ©2009 Robert Seestadt Introduction Agenda and Format
Nonprofit Budgeting ©2009 Robert Seestadt Budget Types Enterprise vs. Grant-specific
Nonprofit Budgeting ©2009 Robert Seestadt Enterprise Budget Significant Elements ,[object Object],[object Object],[object Object]
Nonprofit Budgeting ©2009 Robert Seestadt Discussion
Nonprofit Budgeting ©2009 Robert Seestadt ,[object Object],[object Object],[object Object],[object Object],Grant / Project Budget Key Elements
Nonprofit Budgeting ©2009 Robert Seestadt ,[object Object],[object Object],[object Object],[object Object],Grant / Project Budget Aspects
Nonprofit Budgeting ©2009 Robert Seestadt Discussion
Nonprofit Budgeting ©2009 Robert Seestadt How to mess up a grant budget
Nonprofit Budgeting ©2009 Robert Seestadt 13. Under-report true cost of program
Nonprofit Budgeting ©2009 Robert Seestadt 12. Wrong formulas; errors in worksheet
Nonprofit Budgeting ©2009 Robert Seestadt 11. Unclear/lack of “outcomes” in proposal and report
Nonprofit Budgeting ©2009 Robert Seestadt 10. Include “unallowable” costs
Nonprofit Budgeting ©2009 Robert Seestadt 9. Do not include finance team upfront
Nonprofit Budgeting ©2009 Robert Seestadt 8. Don’t read grant guidelines & criteria
Nonprofit Budgeting ©2009 Robert Seestadt 7. Miss deadlines
Nonprofit Budgeting ©2009 Robert Seestadt 6. No accountability for executing program
Nonprofit Budgeting ©2009 Robert Seestadt 5. Funding does not fit organization mission
Nonprofit Budgeting ©2009 Robert Seestadt 4. Unapproved budget / actual variances
Nonprofit Budgeting ©2009 Robert Seestadt 3. Wait until last minute to prepare
Nonprofit Budgeting ©2009 Robert Seestadt 2. Don’t understand funder’s mission
Nonprofit Budgeting ©2009 Robert Seestadt 1. No outside review before submission
Nonprofit Budgeting ©2009 Robert Seestadt Discussion & Close

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Nonprofit Grant Budgeting