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Tracy Kaufman, Programs Manager at Candid, shares essential advice on budgeting for grant proposals. She emphasizes that funders prioritize credibility and impact in proposals, with many starting their review with the budget. A well-structured budget clearly outlines the project's components, requirements, and secured funding versus requests. It serves as a vital tool to demonstrate the credibility and impact that funders seek. Kaufman stresses the importance of accuracy in budgeting; discrepancies or missing elements can undermine the proposal's credibility. Overall, presenting a coherent and precise budget is crucial in appealing to funders.
