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
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.”
Resources mentioned in this episode:
ABOUT HOLLY RUSTICK
Grant Writing & Funding (GWF) has a Global Movement to Secure $1 Billion in Grant Funding for Good and $30 Million in Grant Writing Businesses by 2030. Holly Rustick, CEO of GWF, is leading the movement; a world-renowned grant writer with 20+ years of experience, bestselling author, and business coach for new and seasoned grant writers to replace their full-time income writing grants part-time from home through her signature programs: the
Freelance Grant Writer Academy and the
Grant Professional Mentorship.
Rustick is the host of the top grant writing podcast “Grant Writing & Funding” and the author of the Bestselling book, The Beginner’s Guide to Grant Writing. With an MA in International Political Economy, past-president of the Guam Women’s Chamber of Commerce, serving on numerous boards of directors, Holly is also an unapologetic feminist. She lives on the island of Guam with her beautiful daughter, Isabella.
CONNECT WITH HOLLY RUSTICK
RESOURCES:
RATE, REVIEW, & FOLLOW THE PODCAST
Favor, please? If you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener?
This helps others find the podcast and I read each and every review!
“Every time I listen to Holly’s show, I learn something” <– If that sounds like you, please consider rating and reviewing my show!
Also, if you haven’t done so already, follow the Grant Writing & Funding podcast to get grant and freelance grant writing proven strategies and conversations in your podcast player every single week.
Thanks for listening!
Warmly,
Holly Rustick
Leading the $1 Billion for Good Movement: By 2030, aspiring and seasoned grant writers inside the Freelance Grant Writer Academy & Grant Professional Mentorship will 1) WIN $1 Billion in Grants, and 2) MAKE $30 Million in their Grant Writing Businesses. We are on our way already.
What is Grant Writing & Funding?
Quit your toxic nonprofit job and replace your full-time income while writing grants part-time, from home! Join our students in the Freelance Grant Writer Academy to create Financial Stability and Flexibility through writing grants for causes you are passionate about: https://grantwritingandfunding.com/freelance-grant-writer-academy
World-renowned grant writing expert and Amazon bestselling author Holly Rustick provides coaching that helps new and experienced grant writers replace their full-time income while writing grants part-time from home (or anywhere they want to live or travel in the world).
She coaches changemakers to master grant writing and start to grow 6-figure+ grant writing businesses on part-time hours via her signature group program, “Freelance Grant Writer Academy."
As an unapologetic feminist, Holly’s work in coaching female grant writers to master grant writing, find their cause-area niche, and navigate value-based pricing and nonprofit sales is breaking glass ceilings for women all over the world.
Every week, she coaches thousands of people through the top-ranking podcast, Grant Writing & Funding, books on grant writing, and inside the Freelance Grant Writer Academy.
Holly has 20 years of experience in grant writing, and began her freelance grant writing journey back in 2005. While teaching in Kuwait and Indonesia, and then earning a Master’s Degree in International Political Economy in Belgium, Holly saw the light of setting up a virtual-based business in grant writing back in the mid-2000s. Having secured more than $45 million of dollars for nonprofit organizations, and then setting up a multi 6-figure freelance business, Holly has a mission to help female grant writers break out of toxic nonprofit J-O-B-S and create high-level income while freelance grant writing.
Inside the Freelance Grant Writer Academy, students have secured more than $225+ million in grant funding and $4+ million in revenue in their grant writing businesses within two years.
To amplify this work, she is past-president of the Guam Women’s Chamber of Commerce and was appointed to the Guam Business Advisory Task Force as an advisor to the first female governor of Guam. Holly lives on the island of Guam with her beautiful daughter, Isabella.
If you are interested in replacing your full-time income while writing grants part-time from home (or from anywhere in the world!) join the Freelance Grant Writer Academy!
www.grantwritingandfunding.com.