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How do you write a budget when you have never managed one?

nurul_ahmadContributor··1 view
Our coral restoration work has been volunteer-run for two years. A funder has asked for a budget and I do not know what level of detail they want. Do they want every item, or categories?
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4 replies

naledi_sContributor·
Categories, with a note under each. Personnel, equipment, travel, and a small line for administration. Do not list every snorkel. Do say how you got to the number.
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thabo_mScout·
Adding to this: include your own time even though it is currently free. Funders want to see the real cost. A budget that pretends labour is free tells them the project stops the day you get a job.
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kwame_boatengContributor·
And put in a contingency of about 10 percent. Every project I have run has had something break.
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