Instructions and Definitions for Completing Budget Form
“Match”:
Total costs for any project must be shared at least equally between MHC and the sponsoring organization. Sponsors can meet this requirement in one of three ways: 1) by applying CASH to the project, including gifts, grants, admission fees, etc; 2) By estimating IN-KIND (non-cash) contributions to the project; or 3) by combining cash and in-kind values in their match. The total amount of match should at least equal the amount of the grant being applied for. In the case of Infrastructure Grants only, the match must be 100% cash.
Salaries & Fees:
Administration can include the leader, coordinator, or other people overseeing the project. Please figure percentage of time devoted to project and reasonable hourly, daily, or flat rate. In many small projects, these services are donated as an in-kind match. Consultants can include scholars, writers, researchers or any other specialists needed to pursue the project. Compensation can be figured on an hourly basis or a flat fee. Please give names and details on consultants as requested on the form.
Space
Sponsors normally include the value of office and meeting space as part of their in-kind contribution. (Example, office space used for project 25% of time for six months at a rental rate of $100/month = $150.00)
Equipment Use & Materials
Materials are things that will be used up in the course of the project, like disks, paper, paper clips, tapes, etc. Equipment use is the cost of using equipment that may need to be rented for the project. We do not normally allow equipment purchases above $100.00.
Communications & Publicity
In each area describe as precisely as possible. Compute estimated cost of telephone calls for your project, as well as postage and printing.
Travel
Necessary travel expenses for key participants can include economy air and ground transportation and incidentals such as parking and tolls. You may also include a portion of the cost of lodging for key project personnel who must travel as part of the project. MHC funds cannot pay for liquor or entertainment.
Contingency Plans
Please indicate as part of your budget narrative how you will implement your project if hoped-for funds do not materialize. What part of the project will be cut back, what activities will be reduced in scope or number?