As part of developing your funding strategy, you’re going to want to confirm that the funders you are interested in are reasonable prospects. This is where a funder landscape analysis enters the picture. A landscape analysis involves an in-depth review of a specific group or class of funders to identify funding trends and programmatic priorities. In this post, we go through the basic process of conducting a landscape analysis. We also provide a summary of what you can expect to get out of the process in terms of actionable information.Read More
If you’re new to grant writing or have not been consistently successful in securing grant funding, this post is for you. We’re covering three essential truths about grant funding to help you prepare a strong grant strategy.Read More
We’ve added a new course to our collection! If you’ve been struggling to find funding for your organization, our new course, How to Find Funding for Your Organization, might be of interest to you. In the course, we cover where to look for funding, how to use various search tools, and methods to track research results.Read More
Applying to foundations for funding can take time and effort, but it’s a relatively straightforward process, with lots of existing resources to help nonprofits identify funders and prepare applications. Corporate giving programs tend to get less attention, leading to confusion about how to approach companies for support or whether to approach them at all.
In this post, we review the basics of corporate philanthropy, including the various forms it can take and how to learn about and approach potential corporate donors.Read More
While all nonprofit organizations need to secure funding, there are key differences between small, struggling organizations and large, well-funded organizations other than the obvious difference in size. If your organization is struggling to find money, below are suggestions you can implement to up your grant game.Read More
Knowing where to look for new grant opportunities is of central importance if your organization depends on grant money to survive. Fortunately, there are many free resources you can use to find open opportunities, some of which will even send you alerts.Read More
How do you know which grants your organization should apply for? To use your limited resources effectively, it's important to pursue only those opportunities that fit your organizational and programmatic capabilities. Pursuing grants your organization is unlikely to win doesn't make sense. On the flip side, some grant opportunities aren't worth applying to--regardless of the odds of winning an award--because of the high cost of project implementation.Read More
Creating a grant strategy involves identifying the funders you want to pursue, and, to the degree possible, specific opportunities of interest from each funding source. Developing a grant strategy also requires insight into your organization. You need to know your organization's long- and short-term goals, its capabilities and resources, and its tolerance for risk. To create a realistic strategy, you also need to be familiar with the general funding environment.
Cost share requires the applicant to contribute a certain dollar amount (or dollar equivalent) to support the budget and thus "share" the costs of the proposed project. This post is going to cover some of the basics around cost share including why it is required, why it matters when evaluating opportunities, and how you can come up with cost share.
Foundation grants often have known release dates and established program areas, which mean there are few surprises: You can find out when the foundation accepts proposals, and you can usually read up on the program areas and past grantees on the foundation's website. You may even be able to access the grant application well in advance of the time applications are due if the foundation uses a standard application format.
Government grant opportunities are different. For many government funding opportunities, the agency that will release the funding announcement doesn't have direct control over all the variables including how much money a grant will award and even when the opportunity announcement will be published.
How do you start work on a proposal opportunity that hasn't been announced yet? There is a two-part answer. Your approach will depend on whether you are interested in foundation funding or government grants. This post will focus on preparing for foundation grants. A follow-up post will discuss preparing for government grants.
When it works out, having a grant from a large donor can be a great boon for the organization. Having a single grant of $100K can be easier to manage than four $25K grants. That said, the large-donor strategy has some pitfalls and is not always the best route.
Researchers depend on grants to fund their work. The largest funders of research are government agencies. Private and corporate foundations also fund research. Although grants awarded by foundations are usually smaller than those awarded by government agencies, foundation grants are almost always easier to apply to, leading to lower opportunity costs.Read More
If your organization is based in a developing country, you may not be able to secure funding directly from some foreign donors. While providing funding for projects in developing countries, many donors will only fund projects led by nonprofits headquartered in the same country where the donor itself is located. Instead of receiving funds directly from the donor, local partners--the organizations located in the country where the project will take place--join the project as subcontractors (or "subs") to a lead organization based in the donor's country.
If you are trying to secure grant funding to help launch or sustain an organization or project, you may need bridge funding to cover your expenses while you search for grant opportunities. If you are in this situation, a crowdfunding campaign may be worth exploring
Grant funding is part of the funding mix for most nonprofits. For some organizations, grants make up the bulk of their funding. However, few organizations can rely solely on grant funding. In part this is because grant funding is unpredictable. Both the number of grants received, and the awarded amounts, can vary considerably from year to year. In addition to the unpredictability of grants, there are other drawbacks. Five are outlined below. Before you embark on the pursuit of grant funding, you'll want to prepare for each of these challenges.
For grant writers, the concept of extreme focus may at first seem difficult to apply. After all, a grant application has multiple pieces that need to be developed simultaneously. What should be the "One Thing" worthy of your focus when everything must get done?