Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Read the article below and develop a budget template and budget justification for a grant proposal. Writing a successful grant proposal and detailed budgetIn order

Read the article below and develop a budget template and budget justification for a grant proposal.

Writing a successful grant proposal and detailed budgetIn order for the grant selection committee to fully understand the nature of your project, and its budgetary implications, we ask that you reference the following guide.

Writing the Proposal:Each submitted proposal should include the following: 1.Need Statement: Use the following questions to guide the creation of your statement of need. What is the need for the project? Is it a serious problem or issue, or a lack of a needed service? What are the facts and the sources that back up the need for your project? Who will benefit from the project and how? Define the audience by age, gender, location, ethnic background, country of origin, or a combination of these factors.Considering the answers to the above questions, you can begin to craft the statement of need. Remember that your final statement of need will: describe the status quo that exists before the solution to the problem; target a population group(s) and a geographic locationpresent the solution to the problemdescribe the benefits to the target audience(s) and possibly to society at large. Mission Statement: A mission statement is a philosophical statement about the student, University, or faculty development that your project addresses. It should include: Why is there an immediate need for action toward your goal?What is the anticipation of future accomplishment?When fulfilled, what is the meaning for Students, the University community or your professional development?3.Goals: The goal is the final impact or outcome that you wish to bring about using the Dean's grant. It should following the S.M.A.R.T. principles for goal writing: S)pecific; (M)easurable; (A)ttainable; (R)ealistic; (T)ime-bound. Writing the Detailed Budget: The detailed budget for your proposal should be clear, well organized and easy to understand. Consider using a spreadsheet with outlined columns and heading that outline:Budget CategoryRequested FundsOutside Contributions Project TotalDirect CostsDirect costs for your grant are perhaps the most important component in your grant's budget. They represent the funds you are seeking from the funding source. The costs described below are considered direct costs:Personnel: Show the breakdown of hours and weeks. Such as: $10.00 per hour X 40 hours per week X 52 weeks = $20,800. Travel: Make sure to provide clear formulas and documentation for why travel is necessary. Include the cost for a plane ticket, the cost of a hotel per night and the number of nights you will be staying, and a food allowance. Be sure and use realistic but conservative figures and avoid using round numbers, such as use $1,280 instead of $1,000.Equipment: To help understand equipment costs, documentation of the program need for the equipment. Equipment costs should be well defined and include specifications. For example, you might include a high-speed copier system to be used to reproduce reports and other documents for committees, staff members, and volunteers. You should explain how the copier will help you in administering the program. Supplies: It is helpful to break down supplies into categories such as general office supplies, educational and training supplies, and computer supplies.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting

Authors: Anthony A Atkinson, Robert S Kaplan

5th Edition

136005314, 978-0136005315

More Books

Students also viewed these Accounting questions

Question

3. Im trying to point out what we need to do to make this happen

Answered: 1 week ago