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In this video, Tracy Kaufman, Programs Manager at Candid, offers essential advice on creating effective grant proposals with a focus on the budget. She emphasizes that funders prioritize two key qualities: credibility and impact. Notably, many funders read the budget first, as it should clearly outline the project's components, required resources, and the funding already secured versus what is being requested. A well-prepared budget serves as a powerful tool to demonstrate credibility and impact. Kaufman highlights the importance of accuracy in financial numbers and the inclusion of all project elements to strengthen the proposal's overall effectiveness.