> For the complete documentation index, see [llms.txt](https://openup.gitbook.io/handbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://openup.gitbook.io/handbook/how-we-work/budgets-and-finance/how-to-spend-a-budget-1.md).

# How to Spend a Budget

### **Spending a Budget**

*  By nature, approved budgets are **fixed.** Approved budgets have allocated funds to specific tasks and/or areas of the project. 
* as line items, they have to be spent accordingly. 

### **Current major core funders.** 

* OSF
* Illuminate. 

Restricted grants: restricted to be spent on certain projects. 

1. Unrestricted grants: we’ve got an overall budget that shows how we intend to spend for 12 months across various internal projects. 

2. Overall budgets: reviewed every quarter. Gives us an idea of how we spend the unrestricted grant. 

3. Other sources for revenue projects, they get invoiced, and we aim to make a profit from those, in terms of where that money will go. 
   1. As an org, we’d like to move to a place where profit from revenue projects can pay for core operating expenses, so core operating expenses don't get paid from grants. 

4. **Core Questions**

* * **Where does funding come from, and how do you decide where the money goes?** 
  * **How do you prioritize where to allocate limited funds, for equally important things/tasks?**
  *


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