Step 8

Developing the Program Budget

THIS STEP PROVIDES THE BASIC TOOLS to develop an effective program budget. It also introduces key terms and definitions that will help in understanding the various elements of a budget. Finally, there are a number of examples and tools included both here and online that will be helpful in creating a program budget.

General Budget Overview

When applying for grants typically two types of budgets may be requested—an organizational operating budget and a program budget.

An organizational operating budget details the income and expenses for the fiscal year for the grantseeking organization. An organization may have several projects or programs that it is responsible for implementing and managing throughout the ...

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