Should in-kind contributions to a project be included as part of the budget?

Because accounting practices vary and there are many ways of dealing with in-kind contributions, we do not include the value assigned to in-kind labor as part of the $150,000 budget limit. For example, if an organization wanted to apply for a Grassroots Grant to renovate its building, and the sum of materials and total value of labor is $230,000, but $100,000 of the labor is donated, the total project cost would be $130,000, which is within the limit for a Grassroots Grant.