Budget Requirements - Coursework Example

The selected families will be offered free training, education and mentorship programs until they qualify to leave the program. For us to finance all the activities of the organization, we require to have around $100,000. This will enable us to cater for all the services that we will be delivering to our beneficiaries. As indicated in our budget, the available resources will be properly spent. Meaning, all the planned items will be funded as planned. The total number of families will be 50. This is the appropriate number that we will mange to support at this time.

Out of these families, each family will be allocated $1,837. This will be enough to cater for all their expenses throughout the year. However, it is from this allocation that we will get the money to provide for all the necessary services and materials that they will be requiring as we enroll them into this program. They will be used for licensing the program, buying the required materials, paying the personnel and catering for any other activity which might be undertaken during the program. For this reason, we will allocate a total of $30,000 for staff salaries.

This will be used to remunerate the program coordinator, assistant coordinator, part and full-time instructors who will be directly handling the children. Besides, we will spend $20,000 on training services; $10,000 for technical assistance; $5,000 for acquiring licenses and registering with our national affiliates. At the same time, we will have to spare $10,000 for the development of the program and then use $10,000 to purchase learning materials such as text books. Last, but by no means the least, the remaining $850 will be left for any other expense which might arise, may be because of emergency or such like issues.

By doing this, we are assured of a promising career in the NGO