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FRG Funding Matrix This information may be used as a guide for making purchases and creating FRG budgets. All budgets and APF/NAF fund purchases must be approved by the Commander. Be sure to follow

How to fill out frg funding matrix

To fill out an FRG (Family Readiness Group) funding matrix, follow these steps:

1. Start by gathering all relevant financial information related to the FRG. This includes any current funding sources, projected expenses, and fundraising goals.
2. Next, create a spreadsheet or matrix with columns representing the different funding sources and rows for various expense categories. Common expense categories may include events and activities, training and education, support services, and administrative costs.
3. Assign a specific budget or funding target to each expense category. This target should be based on the needs and priorities of the FRG. Consider factors such as the number of events planned, the cost of necessary resources, and any contractual or administrative obligations.
4. Once the budget targets are set, allocate the available funding from different sources to each expense category. This may involve dividing the funds proportionally or assigning specific amounts based on funding restrictions or priorities.
5. Keep track of the allocated funding by entering the amounts in the respective cells of the matrix. Ensure that the total allocated amount does not exceed the available funding or the budget target for each category.
6. Review and adjust the funding allocations as needed. It's important to regularly reassess the financial needs and priorities of the FRG to ensure that the funding matrix remains accurate and up-to-date.

As for who needs an FRG funding matrix, it is typically useful for any organization or group that operates with funding from multiple sources. This includes but isn't limited to military Family Readiness Groups, non-profit organizations, community groups, and even businesses or departments managing various projects. The funding matrix helps provide transparency, accountability, and a clear overview of financial resources and how they are allocated within the organization or group.

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