A grant budget proves to be very important when you are applying for a grant. It is easy to plan a budget but difficult to prepare one. A grant budget templates is a statement which is meant to answer the questions regarding your proposal and the project. To help you with the grant budget making, here are some grant budget templates and examples. Use these templates and examples to get an understanding of a grant budget and make one for your agency.
11+ Grant Budget Templates
1. Grant Budget Template
2. Basic Grant Budget Template
This budget template includes all the expenses which a grant will support. This template is a three-year grant budget template, which can be changed as per the specific project you are doing. With each line of item, an instruction is given which will help you fill the budget form as per your project needs.
3. Detailed Grant Budget Template
This research budget template illustrates the grant funding for a community program. It is a grant budget for a proposed project. It may be possible that the amount required is large and grathe nt is requested from more than one organization. In that case, it is better to disclose the grant already received or applications made.
4. Simple Grant Budget Template
This budget template is made for grants for educational program and training. The expenses and the basis of their charge are clearly shown. The other sources of the grant and grant received in kind are also mentioned. This template can be changed as per your project need or you can just refer to it.
5 Steps to Write a Grant Budget
Step 1: Alignment With the Goal
Here it is important that your goals and objectives are clear only then you can make realistic projections about your project. You should have a clear plan and budget should be made according to it. Be it long-term or short-term project, a sound planning, clarity of goals and compliance of the conditions of the grant, are must for preparing the budget.
Step 2: Amount of Grant
The amount of funding you are asking should be reasonable and only as much which is required for successful completion of your project. If there are other sources of grant, they should be mentioned along with the contribution you are making yourself. In case the project will make an income, include it in your budget.
Step 3: Needs of the Project
List down all the costs related to your project. Remember, if you forget any cost to be included in the budget, your organization or agency will have to bear it. You may engage a consultant to help you with the correct projection of the costs. You need to be realistic with your expenses.
Step 4: Income = Expenses
Your income or grant should be sufficient to cover all your expenses and costs. In case income is more than the expenses it can be kept for any contingencies, if not already included in the budget. In another case, you can put the rest of the amount in “to be raised” section. Your agency will require raising the additional funds from the public or bring in the amount itself.
Step 5: Some Other Important Points
Numbers tell a story in themselves but it is better to provide a budget narrative for a better understanding. If you are using your personal assets for the project purpose, do include it in the project budget. Your budget should state the what, when who and how of the project.
5. Standard Grant Budget template
This grant application template offers transparency for every single penny that is raised. For grant contribution received in cash or in kind, the source of the grant is also written. The examples of some expenses are shown in the sample. You can use this format to prepare a realistic budget for your program.
6. Travel Grant Budget Template
This travel budget template is a sample for travel grant budget. An institution can ask for a travel grant for its students to facilitate their learning. In the example, the students are divided and two separate budgets are prepared for their separate locations. Every expense, be it meals, lodging, etc are covered. Use this template to prepare travel budget for your institute.
7. Modern Grant Budget Example
It is another travel budget template. There are suggested categories which you can change as per your project needs. For explaining the calculation of an expense item, there is a budget notes column. If any of the expense is not funded by the grant, do mention its source of funding. It is also important to know the expense which will not be covered under the travel grant.
8. Research Grant Budget Template
This is an editable format for a research budget template. You can limit your allocation to every expense to an extent as in the example. After listing every expense and making the budget, there is a budget justification section where you can describe the appropriateness of expense allocation. Any help received in kind is also described separately.
9. Editable Grant Budget Template
This funding proposal template is a deliverable worksheet. The project under the grant is divided into separate phases. Each phase is called a deliverable. For each deliverable, there is a separate sheet of budget. This template can be useful if the project is long-term. It is an instructional template which is editable as well.
10. Professional Grant Budget Template
In some cases, the grant is given in proportion to the amount brought in by the applicant. This template is made on that assumption. This grant proposal template is made for a grant for rural teaching infrastructure development. The format is simple. Cost heads are there so expenses detail can be prepared separately for user understanding.
11. Sample Grant Budget Template
This operating budget template illustrates a budget for CIG application. Understand the format thoroughly and then see, if it will serve your project purpose. It is a detailed budget where every expense is explained in detail. This format cannot be used for your project as it is. But you can refer to it to ascertain the details you can include in your budget.
12. Free Grant Budget Layout
This is an editable format. It illustrates a budget for some construction work. A number of different sources of the funds are there. The expenses section is a detailed one. You can use this format for your project but do include other calculations which provide a clear picture of your budget as there are only cost heads in the budget template.