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Tracy Kaufman, Programs Manager at Candid, shares essential advice on creating effective budgets for grant proposals. She emphasizes that funders prioritize credibility and impact in submissions. Notably, many funders read the budget first, as it succinctly outlines the project's components, requirements, and funding status. An effective budget highlights the secured support and the amount being requested. It serves as a key tool to convey both credibility and impact, which are critical for attracting funding. Kaufman stresses the importance of accurate numbers and comprehensive project details to enhance a proposal's credibility.
