Sample Grant Budget Proposal Page 4

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Budget-Example 3:
Budget
Year 1
Year 2
Personnel
Salary
Principal Investigator
$14,354
14,785
Graduate Research Assistant
10,095
10,398
Undergraduate Assistants
5,000
5,000
Fringe Benefits/Tuition Remission (RA)
Principal Investigator
3,790
3,903
Graduate Research Assistant
3,498
3,498
Subtotal Personnel
$36,737
$37,584
Project Participants
Focus groups & pilot testing
$1,600
$400
Job incumbents
27,500
27,500
Retirees
10,000
Materials and Supplies
Copying, envelopes,
Misc. supplies
2,500
2,500
Postage
3,069
1,535
Subtotal Project Expenses
$44,669
$31,935
Travel
$3,000
$3,000
Total Direct Costs
$84,406
$72,519
Indirect costs (15% max, per SHRM)
$ 12,661
$10,877
Total Costs
$97,067
$83,396
Grand Total: $180,463
[XYZ Corporation] has also pledged $40,000, contingent on SHRM Foundation grant
funding, in the form of partial support (.25 FTE) for the graduate research assistant, and
associated supplies and materials, needed to implement the project. No other funding has
been received, sought, or will be sought for the planned research project.
XYZ Corporation Budget Portion – For reference purposes
Graduate Research Assistant
Salary
$10,095
$10,398
Tuition
$3,498
$3,498
Supplies & Materials
$800
$550
Indirect Costs (51% of non-tuition costs)
$5,556
$5583
Total XYZ
$19,949
$20,029
Grand Total XYZ:
$39,978
4

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