Total Expected Value = Amount Requested * Expected Likelihood of Receiving the Grant
Total Grant Cost =
fn(
(# of hours for person 1
* person 1's hourly salary)
+ (# of hours for person 2
* person 2's hourly salary)
)
Net Grant Value = Total Expected Value - Total Grant Cost
Total Expected Value = (Expected Amount to be Awarded / Expected Number of Grants) * (Expected Number of Grants / Expected Number of Applications)
Total Grant Cost = same is for seekers
Net Grant Value = same
Grant program cost = Grantmaker Activity 1 ((# of hours for person 1 * person 1's hourly salary) + (# of hours for person 2 * person 2's hourly salary)) + Grantmaker Activity 2 ((# of hours for person 1 * person 1's hourly salary) + (# of hours for person 2 * person 2's hourly salary)) + Grantmaker Activity 3...
Program Cost as % of Amount to be Awarded = Grant Program Cost / Expected Amount to be Awarded