Monthly Webinar | Budget Building for Grant Developers-Building Budgets

Video Transcription

Video Summary

In the NGMA and Crowe-Horwath's live webinar, Seth Wanliff introduces the session moderated by Crowe-Horwath, designed to enhance budget building skills for grant developers. Presented by Maren Base of GrantsMagicU, the session focuses on the "Total Value Framework" for crafting effective project budgets. Crowe-Horwath, a significant player in public accounting and consulting, supports the series, which caters to government and nonprofit sectors across various fields including grants management and risk management.<br /><br />The primary aim of the webinar is to impart the understanding of a unique framework that aids in constructing realistic and comprehensive project budgets. The total value concept extends beyond mere expenditure to include all resources used, whether directly paid for or contributed by partners or volunteers. Webinar participants are prompted to engage through interactive polling for Continuing Professional Education (CPE) credits and are encouraged to actively participate by using provided materials and asking questions during the session.<br /><br />Maren Base, during the session, emphasizes that the webinar will not cover all aspects of budget building but will introduce a framework beneficial at any level of exposure to budgeting. The session utilizes practical scenarios, such as the operations at Youth Play Community Theater, to illustrate how total value assessment can facilitate accurate budget planning. Through this process, attendees learn to differentiate between direct costs, indirect costs, and volunteer contributions, underscoring the importance of valuing all resources accurately.<br /><br />Overall, the webinar is an educational tool focused on improving budgeting processes within nonprofit and public sectors by considering the total value of all resources, which crucially supports mission-centric work.

Keywords

NGMA

Crowe-Horwath

webinar

budget building

Total Value Framework

grants management

nonprofit sector

Maren Base

project budgets

Continuing Professional Education