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When applying for grants, it's crucial to ensure that your budget aligns with the well-crafted plan presented in your proposal. Funders scrutinize budgets to see if the financial details support your vision and make sense. Here's what funders are typically looking for:

1. Realism: Funders want to be confident that your financial projections are achievable. This means demonstrating that you can realistically raise and allocate the funds as outlined in your plan. Overly ambitious or vague financial statements can raise red flags about your ability to manage the project.
2. Financial Health: Demonstrating your organization’s financial stability is essential. Funders need to trust that their investment will be managed by a financially sound entity. Your budget will show this by being balanced, or even better, by showing a modest surplus.
3. Support from Other Funders: Funders often look to see who else is investing in your project. This can be tricky, as some funders prefer to be the primary sponsor to gain visibility, while others prefer to be just one piece of the financial puzzle. Although funders’ preferences vary, they usually want a clear understanding of your revenue plan and who else is on board. Understanding your funder's motivation is key.

Presenting a clear, realistic, and well-supported budget is key to gaining the confidence of funders—and therefore raising more money. And that's what we're all here for!

Ensure your budget translates your narrative into believable numbers, showcases financial health, and transparently outlines other funding sources. This approach will make your proposal more compelling and increase the likelihood of securing the funds to turn your vision into reality.

​If you're ready to learn more, don't forget that our Budgeting for Grant Proposals is live now! Use code LAUNCH10 to get $10 off through midnight Central on June 10 (just $27 to learn this essential grantseeking skill!).​

What's in the class?

In this 75-minute class, you’ll learn the basic principles of nonprofit budgeting, watch hands-on demonstrations of advanced grant budgeting principles, and learn how to construct grant proposal budgets that provide maximum flexibility for your nonprofit organization. Don’t miss this opportunity to enhance your grantwriting skills and ensure your proposals are backed by solid financial planning.

You'll also have access to a community just for members where you can ask questions about budgeting for grant proposals and get direct responses from me!

​Ready to join for $27? Sign up here and use code LAUNCH10 to get the c​lass for just $27!​

National funder of the week

The Ben and Jerry's Foundation believes those most impacted by inequity and injustice are in the best position to develop solutions. The foundation supports community-based, grassroots organizations confronting social and environmental injustice with two-year unrestricted, general operating support grants of up to $30,000 per year to small (budgets under $350,000), constituent-led grassroots organizations throughout the United States and its territories.

In case you missed it

Have a good week!

Tracy

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Founder, Tracy Babler & Associates LLC
​@nonprofitgrantmagic​

6417 Penn Ave S, Ste 7-220, Minneapolis, MN. 55423
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