ENGL 454W Lecture Notes - Lecture 14: Indirect Costs
9 Jan 2017
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Writing for civic engagement (public relations and grant writing) Understand a budget as another way to show the project. Helps to show grant reviewers" its value. Helps to show organi ation"s commitment to project. Amount of requested money = (direct costs + indirect costs) - cost sharing. Ask for slightly less than average grant size. Well-established need and strong credibility: ask for more than average. Sponsors typically looking to have their funds supplement, rather than supplant, existing dollars. Remember, budget and narrative act as persuasive documentation that requested funds will achieve project"s goals and objectives effectively. Salaries, wages, fringe benefits, consultant fees, contractor fees. Generally, these costs are the (cid:873)obvious(cid:874) ones in a project. All project expenditures not itemized as direct costs. Typically calculated as percentage of direct costs. Buildings, equipment & capital improvement; interest on debt related to these; operations and maintenance expenses. With these, either absorb (cost sharing component) or itemize as direct costs.
