OTHER COSTS THAT CAN BE ALLOCATED IN A PROGRAM BUDGET
Executive directors and other nonprofit professionals frequently lament that there simply aren’t enough grantmakers willing to fund general operating expenses. Admittedly, it is challenging to secure unrestricted funding, and grantseekers must be smart when approaching funders for general support. The good news is that certain expenses that might otherwise be considered as agency overhead or general operating costs can be included in a program budget. Shifting overhead costs from the overall agency budget to a program budget provides some financial relief to the agency.
Take an executive director’s salary, for instance. It’s an administrative expense, right? Not always. That portion of ...