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In this tutorial, Tracy Kaufman, Programs Manager at Candid, provides essential advice on creating effective budgets for grant proposals. She emphasizes that funders prioritize credibility and impact in proposals, often reading the budget first. A well-structured budget clearly outlines the project's components, necessities for execution, and the funding already secured versus what is being requested. It serves as a powerful tool to showcase the credibility and impact that funders seek. Kaufman highlights that if the budget lacks accuracy or omits crucial project elements, it undermines the proposal's overall effectiveness.
