Grantsmanship

Grantsmanship
Contract Development
and Resource Development

Helping Extension professionals strengthen their skills in project development, proposal writing, and project management.

2003 Resource DevelopmentWorkshop
Your Work and Cost Recovery:
Strategies and tools for calculating costs & building budgets

~~ ~~ Agenda ~~ ~~

An overview of cost recovery
     Background and importance
     Beneficial outcomes -- how recovered funds will be used
     Guiding principles
         Extension's mission & priorities
         Public good and private good
     Administrative fees
         Projects exempted
         Projects charged
    Strategies for building a budget
    Each budget as part of the overall office operation

Building a budget the first time
     The importance of identifying every cost
     Deciding what to include
        Employee time
           Direct delivery
           Project support (Supervision, Administrative, Fiscal, Other)
     Employee support
        Travel
        Training & Professional Improvement
        Administrative fees
        Materials
           Reusable & perishable
           Storage & maintenance
     Hidden costs
        Space and equipment
        Permits, licenses
        Insurance requirements

Other options for calculating costs
       General operating costs
       Costs of a specific educational service

Working with unit costs
       Defining a unit
           How unit rates are used
                 User fees
                  Billing funders
         How to calculate

Return on Investments (ROI)
Is it worth the cost?
A judgment call

Assistance
     Extension Business Office
     Payroll
     Resource Development and Management
    OSURF

Before you submit a proposal with a budget
             Personnel wages and benefits
             Matching Funds
              F & A costs
              When no F & A's (administrative) costs are allowed

Forms that need budget totals
              "Permission to seek off-campus funding" form

After the contract is signed
       Fallout from a poorly developed budget
       Financial records & reports

Registration: Use the on-line registration form available on the Grants/workshop page at: http://www.ag.ohio-state.edu/~grants/workshops.htm

*Note: A list of resources, webpages, outlines and other aids will be shared.

Contact me to help you get started.

Jacqueline E. LaMuth
Coordinator, Resource Development and Management
2120 Fyffe Road, Ag Administration Building Room 4
Columbus, OH 43210
ph: 614-292-6470 fax: 614-688-0529
E-mail me at:lamuth.1@osu.edu

All educational programs conducted by Ohio State University Extension are available to clientele on a nondiscriminatory basis without regard to race, color, creed, religion, sexual orientation, national origin, gender, age, disability or Vietnam-era veteran status.

Keith L. Smith, Associate Vice President for Ag. Admin. and Director, OSU Extension
TDD No. 800-589-8292 (Ohio only) or 614-292-1868