‘Full cost recovery’ simply means securing funding for – or ‘recovering’
– all organisational costs, including the direct costs of projects and their associated overheads. Funding full cost recovery is a way of strengthening the voluntary heritage sector and in particular the small and medium-sized heritage organisations delivering our projects to a local community. This guidance explains how to prepare a claim for full cost recovery as part of your application.
Essential for…
Voluntary-sector applicants who want to claim a portion of their core costs as part of their grant request.
Contents
1 Understanding full cost recovery
2 The principles
3 Who can apply for these costs?
4 How should you work out and present your overheads?
5 How will we assess these costs?
6 What costs can you include?
7 How will we pay for these costs?
8 Sources of further information