How should I estimate my budget?

You should request the amount of funding you will need to conduct and disseminate your proposed research. In the case of multi-year proposals, budget requests should reflect the entire grant duration as opposed to an annual amount. Please do not provide a detailed budget breakdown at the LOI stage. When entering the budget request at the LOI stage, round up to the nearest $10,000.

Budget requests should be inclusive of both direct and indirect costs. The Foundation’s maximum approved rate for indirect costs is up to 15% of all project costs (Personnel, Other Direct Costs, and Purchased Services) for colleges/universities and hospitals or health systems, 30% for non-profit organizations, and 0% for for-profit and government entities. More detailed guidance and exceptions are provided in the Budget Preparation Guidelines available at the Full Proposal stage. For further detail about permissible uses of grant funds please see the related FAQ.

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