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In this video, Tracy Kaufman, Programs Manager at Candid, shares essential tips on creating effective grant proposal budgets. She emphasizes that credibility and impact are crucial qualities that funders look for in proposals. Notably, many funders read the budget section first, as a well-structured budget clearly outlines the project's components, requirements, and the funding already secured versus the amount requested. This transparency showcases the project's credibility and potential impact. Tracy also warns that if the numbers don't add up or elements are missing from the budget, it can undermine perceived credibility, ultimately affecting funding decisions.
