Grant Writing & Funding · Ep. 270: How to Write a Budget for a Grant - With Holly Rustick

How to Write a Budget for a Grant with Holly Rustick

This episode, Holly explains how to write a budget for a grant, the math grant writers need to understand, and the different categories to include in a budget.

The budget can seem like the scariest part of writing a grant for people who get into writing grants. Why? Because the typical grant writer considers themselves more of a writer than a mathematician.

But as a grant writer, you will master both writing and math.

Don’t worry, you don’t need to be CPA or have taken calculus!

Fortunately, a grant budget is very logical and if you follow the right framework it’s actually quite straightforward.

This episode, Holly explains how to write a grant’s budget, the math you need to include in the budget section of a grant, and the best time to write a grant’s budget.

Holly also talks about the different categories to include in a budget, how to write a budget as a narrative, and common mistakes people make in the budget section.

What you’ll learn in this episode:

Why people become grant writers
The math grant writers need to do
How to write a grant’s budget
When you should write the budget
How to efficiently write a grant’s narrative
The different categories to include in a budget
The benefits of hiring contractors over employees
How to make your budget balances narrative

Holly Rustick is the Founder of Grant Writing & Funding, where she creates effective systems to help grant writers ensure that nonprofits grow capacity, increase funding, and advance their mission.

Holly has been writing grants for nearly two decades, has secured millions of dollars for nonprofits around the world, and has been a federal grant reviewer for over 10 years.

Holly is also an Amazon bestselling author, the podcast host of Grant Writing & Funding, and a world-renowned grant writing expert.

Quotables:

“Grant Writers need to be able to write well and carry out accurate mathematics. You need to know how to do a budget, but the budget is very logical and can include both words and numbers.”
“Use a US Federal Budget for all of your grants. Use this as your basis, then if you get Federal grants in the future it’ll be easier for your accountant because all of your categories are unified.“
“What funding sources want to know is can you implement programs and can you manage money. To implement programs you need to be able to properly manage money.”

Connect with Holly Rustick:

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