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In this tutorial, Tracy Kaufman, Programs Manager at Candid, shares essential advice on creating effective budgets for grant proposals. She emphasizes that funders prioritize credibility and impact, which should be evident in your proposal. Notably, many funders often read the budget first, as it provides a clear overview of the project components, required resources, and the funding secured versus the amount being requested. A well-structured budget serves as a powerful tool to demonstrate credibility and impact. Tracy warns that inconsistencies in numbers or missing project elements can undermine credibility and negatively affect the proposal’s reception.
