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Get the free Cost Share and Budget Help (pdf) - New York State Parks - parks ny

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COST SHARE AND BUDGET HELP NYS Office of Parks, Recreation and Historic Preservation (OP RHP) 2022 Environmental Protection Fund Grant Program for Parks, Preservation and Heritage (EPF) EPF Parks,
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How to fill out cost share and budget

01
Identify the cost share requirements as outlined in the funding opportunity announcement.
02
Determine the allowable costs that can be used as cost share.
03
Calculate the total project costs and the required cost share amount.
04
Document all sources of cost share, including cash, in-kind contributions, and third-party contributions.
05
Ensure that all cost share documentation is properly recorded and reported in accordance with the guidelines provided.
06
Submit the completed cost share and budget forms as part of the grant application.

Who needs cost share and budget?

01
Non-profit organizations applying for grants.
02
Researchers seeking funding for projects.
03
Government agencies applying for federal grants.
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Cost share is the portion of project costs not covered by external funding sources, which is contributed by the recipient. A budget is a financial plan outlining the expected revenues and expenses of a project or organization.
Recipients of funding from external sources such as grants or contracts are typically required to file cost share and budget reports.
Cost share and budget reports can be filled out by detailing the expenses incurred and the contributions made towards the project, along with projected revenues and expenses.
The purpose of cost share and budget reports is to track and account for the financial contributions and expenses related to a project, ensuring transparency and accountability.
Cost share and budget reports must include details of project expenses, funding sources, contributions made, and projected revenues and expenses.
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