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Tracy Kaufman, Programs Manager at Candid, offers essential budgeting advice for grant proposals. Funders prioritize two key qualities: credibility and impact. Often, they read the budget first, as it succinctly outlines the project's components, requirements, and secured funding compared to current requests. A well-prepared budget serves as a powerful tool to demonstrate credibility and impact. It's crucial that all financial figures are accurate and complete; any discrepancies or missing elements can undermine the proposal's credibility. Overall, a clear and comprehensive budget is vital for effectively communicating the project's worthiness to potential funders.
