Please review the following budget guidelines, considerations and information:
1. Budget Template: Please complete the budget using the MVP Budget Template. If you have any questions about the template, please reach out to MVP staff.
Budget Template Form
2. Budget Layout: Series sessions will have three major budget categories - facilitation, child care (in-person or hybrid only), and other costs. Please see funding limits and rates for each category:
- Facilitation - MVP provides a facilitation stipend of $125 per session. Please use that rate when calculating the costs of the lead facilitation fee.
- Child Care - MVP provides a stipend of $25/hour per provider. MVP rounds up to the nearest hour (i.e., 1.5-hour session = $50 stipend). Please use this rate for the child care portion of the budget (please note: this applies to in-person series or hybrid series). Additionally, MVP requires a minimum of 2 child care providers.
- Other Costs - MVP provides up to $400/session for all expenses in the "other costs" category. This category may have items including - incentives, meals, space usage, material purchases, etc. PLEASE NOTE: the $400 per session limit does not include facilitation or child care provider fees. Please DO NOT include the cost of kits if you are applying to provide a Ready! For Kindergarten series.
3. Budget Estimation: Please use a 20 person estimate when budgeting for food (this estimate would include parents, facilitators, children and child care providers). Please use a 10 person estimate for series completion (this would apply to items like incentives, materials, session supplies, etc.) If the number of participants changes drastically than what you originally budgeted, MVP staff will work with you to make the appropriate budgetary adjustments.
4. Award Process: Upon series approval, MVP will work with the primary contact to complete a simple MOU, and collect the required paperwork. MVP will provide half of the total series award before the start of the series. Once the required reporting documents have been submitted at the end of the series, MVP will send the second half of the award. The second half of the award can also include slight adjustments for major budgetary shifts. An example of a major change would be a large change in the number of participants. MVP staff are available to answer any questions related to the budget. Please do not hesitate to reach out with any questions.