Understanding full cost recovery
'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.
- Understanding full cost recovery
- The principles
- Who can apply for these costs?
- How should you work out and present your overheads?
- How will we assess these costs?
- What costs can you include?
- How will we pay for these costs?
- Sources of further information
Find other recommended reading under further resources.