NO MORE FAKE FUNDER BUDGETS!

[Lee Cruz]

May 28, 2014 • By Molly Schultz Hafid • Posted under What is a Justice Funder?

What is one of the worst kept secrets in philanthropy?   Grantee budgets are fake.  Grant managers and program officers spend hours each docket working with grantees to develop well-crafted budgets designed to move through the decision-making process with as few questions as possible.  Why?  The most common answers are that we believe the budgets tell us something about an organization and their ability to carry out the work; the budget review process helps us assess a group’s overall comfort with financial management; and financial information helps us prevent or detect fraud and misuse... http://justicefunders.org/no-more-fake-funder-budgets/