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A
grant proposal should represent
just one of many tactics employed in an overall organizational
fundraising strategy or development plan. The stakes are high
and the competition for funding is extrmemly competitive in the
professional practice of Development (i.e. the art and science
of getting contributions, grants, gifts, and bequests).
Development
- Whose Job is it, Anyway?
In a not-for-profit corporation the roles of Board
Members and Chief Executive
Officer carry with them the responsibility for Fundraising
and Development. The Development process is inextricably linked
to the organizations Strategic Plan. Therefore, the
project concept for which funding is sought will already be thoroughly
researched and documented, it will not be a last minute reactive
response to funding availability.
Funding
applications and proposals must relate to the strategic direction
identified by the leadership. Throughout the Development process,
our consultants support the chief executive in this role - connecting
strategy to project to funding applications. We facilitate the
grant application process, empowering the board, chief executive
and the not-for-profit leadership with technical assistance by
editing and formatting the written application or proposal document.
Cultivating
Relationships
Successful
Fundraising, Development and Grantsmanship are as much a result
of relationships as they are a result of effective projects expressed
through well-written applications and proposals. The old adage,
its not what you know, but WHO you know (and how
well), rings especially true in the process of development.
Did
you know?
- there
are over 58,000 active private and community foundations in
the United States
- less
than 1% of these foundations have assets of $50 million or more
- the
vast majority of these foundations (over 80%) have assets of
less than $1 million
- most
of these smaller foundations tend to limit their funding by
geographic areas, and as local foundations, they are particularly
oriented to and concerned with local needs
Strategic
Grantsmanship
In most cases, the funding source for a project should be directly
related to the population that will be served by that project.
Local population -- local funding; state population -- state funding;
national population -- national funding.
Many
projects draw upon all three sources of private funding:
- individuals
- corporations
- foundations
along
with a fourth - public or government sources.
In
seeking support from national foundations the key words are:
- national
impact
- evaluation
- replication
potential
We
attempt to research foundation funding priorities, and to match
your proposal to the right foundation.
When
we develop a grant application or proposal in response to a specific
RFP (usually from a public/government funding source), we diligently
follow the guidelines. The majority of grant applications and
proposals are rejected due to the applicants failure to
follow the RFPs instructions. These are usually deadline-driven
projects that Executive Performance
is experienced at handling successfully.
Typical
Grant Application (or Proposal) Components
However, in the case of most grant proposals we develop for public
or government funding sources, local or national foundations,
corporate or individual donors we consider the following:
- Project
Feasibility
- Appropriateness
of the project for the funding source
- Internal
Revenue Service 501(c)3 documentation
and
we include
- Statement
of Need
- Project
Description (including Goals & Objectives)
- Project
Impact Analysis / Measurable Outcomes
- Project
Originality
- Replication
Prospects
- Administration
& Staff
- Financial
Requirements
- Project
Evaluation Criteria
Each
funding source has its own application requirements and funding
criteria, and we research those criteria extensively before submitting
a request for funding. Most funding sources consider favorably
those organizations which present innovative problem-solving initiatives
that can be objectively and quantifiably evaluated.
Executive
Performance
has a proven record of developing millions of dollars in successful
grant applications that obtain funding.
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