For my first grant at least, Im asking for the maximum amount that the first sponser is willing to award ($5000) rather than asking for just what we need. So in a way, I guess Im tailoring my project to meet that $5000 limit. The tractor project is definitely going to be over $5000, so having the in-kind and cash matching terminology from Chapter 12 will definitely be a huge help.
I found the section in the reading about calculating indirect costs to be very interesting. I have not tried to calculate the indirect costs for Habitat for Horses yet, but I feel like the percentage is going to be pretty high. Knowing how to ... make that number appear smaller at times could definitely be useful knowledge too.
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I wonder if you'll even be able to calculate indirect costs for your nonprofit. It would seem to me that to be able to do so one would have to have access to all sorts of accounting and budgetary documents that most of us, as volunteer grant writers, simply won't have access to. Also since your tractor project is simply an equipment purchase and not a project that needs to be managed, I wouldn't think that you would even need to include indirect costs. Given the small size of your other grant, I wonder, too, if you really need to worry about including indirect costs. MIght not be something you need to stress about. So might run it by Rich. Just my two cents.
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