What is the difference between organizational budgets and financial statements (in the supporting materials section)?

Organizational budgets refer to three consecutive years of revenue and expense statements:

  • the actual statement from the previous year
  • the actual statement or a projected statement (budget) for the current year
  • a projected statement (budget) for the year for which support is being requested (the Support Year)

We require the use of our own Excel template that can be downloaded from the Supporting Materials section of the application.

Financial statements refer to statements, often prepared by an accountant and sometimes audited, that reflect a more complete picture of an organization's financial details, including statements of activity, cash flow, balance sheets, and accompanying notes. Not every organization is required to have an audited financial statement, however, if your organization has one for any of the past three fiscal years, you are required to submit the latest one.