When Big Brothers Big Sisters of Mid-Maine submits grant proposals to foundations, the group breaks down program income budgets into three categories: committed, pending, and planned.
Committed income is money the organization has already received. Pending income is made up of grants for which the nonprofit has applied. And planned income consists of grants the nonprofit is considering applying for next.
The goal is to give the funder “an immediate snapshot of where the project stands,” says grant-writing consultant Bill Bayreuther, who works with the organization.
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