Just as your FQHC, FQHC LAL, Rural Health Clinic or STI clinic is mission driven, so are the healthcare funders that you are requesting grant support from. Before you spend the time applying for any grant, make sure your mission and vision align well with theirs.
The budget should reflect this alignment to clearly demonstrate how expenses and supporting funding will be used to accomplish both of your goals. Unless you are specifically applying for a planning grant, most healthcare funders look for assurance they are making a good investment. They prioritize projects and programs that are sustainable.
The program impact should reflect a long-term realistic expectation in view of the financial investment of both the grant funding and any additional support you are showing on the budget. Although showing revenue, in-kind support and additional funding sources often requires more record keeping and reporting, this budgeting approach gives credibility and sustainability to your proposal.
A commonsense approach is always the best choice.
- The expenses and revenue as shown on the budget are realistic and consistent with the project narrative.
- Allocations and calculations are clear and appropriate to the total work plan.
- No spelling or mathematical errors. Check, double-check check and always have someone review your budget!
Your budget is more than numbers. It tells funders your story, your strategy, and your readiness. Burrows Consulting can help you create budgets that strengthen your application and increase your chances of success. Schedule a consultation with our team today. You may also like our article: Budget Planning Tip
Suzan Overholser
Senior Financial Consultant
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