Hi, I have been working on trust applications all week and i wanted to confirm how to create budgets for existing projects.
I am trying to secure funding for core costs. I have been told that Trusts prefer to know exactly what they are funding so i have said that the grant will be used towards the salary costs of a staff position (working directly with service users) As i have not asked for the total amount of the salary i have created a budget that shows all the annual costs of the organisation and at the top i have included all the trusts that i have applied to. I have also illustrated that the remaining funds will be raised through other fundraising avenues within the budget and application.
Can anyone tell if this is correct or would it be better to create a budget that just provides the breakdown of the salary costs i want the grant to be used towards.
Any advice on this would be hugely appreciated as a lone fundraiser i have no one else to discuss this with.
Many Thanks