What you need to have in place before you seek a grant
Identifying funding partners
Approaching the foundation/funder
Writing the proposal
Submitting the proposal:
Understanding the World of Philanthropy http://flickr.com/photos/creativelychallenged/2348635312/
Why do we give? http://flickr.com/photos/wallyg/1751478133/
What is Philanthropy?
The effort or inclination to increase the well-being of humankind, as by charitable aid or donations.
Love of humankind in general.
Something, such as an activity or institution, intended to promote human welfare.
Source: Nonprofit Almanac 2008 National Center for Charitable Statistics, the Urban Institute Other Income 2.9% Fees for Services and Goods 70.3% Private Contributions 12.3% Sources of Revenue for Reporting Public Charities Government Grants 9.0% Investment Income 5.4%
Individuals $229.03 Corporations $15.69 Foundations $38.52 Bequests $23.15 Total Giving: $306.39 billion 74.8% 5.1% 12.6% 7.6% Private Contributions by Source ($ in billions) Source: Giving USA 2008, Giving USA Foundation, researched and written by the Center On Philanthropy at Indiana University
Economic Crisis Info
National Council of Nonprofits:
Before You Seek a Grant
What You Need To Have In Place
Strong mission statement
What Funders Look For
Relevant, high-quality programs that meet a real need in the community
A strong organizational and financial infrastructure
What You Will Need About Your Organization
List of board members
Biographies and resumes of key people
IRS 501(c)(3) letter of determination
Organizational budget for current year
Last 2 audited financial statements
History of organization, including news clippings, anecdotal stories
What You Will Need to Know About Your Community
Press clippings, anecdotes
Published reports, newsletters, and other materials of local nonprofits
Any other community files
The Process of Grantseeking Finding Funding Partners http://www.flickr.com/photos/mayaevening/138372058/
Questions to Ask
Why do I need funding and what kind do I need?
How much do I need?
When do I need the funds?
Finding Funding Partners
Look for the match!
Who funds in my area of interest?
Who funds in my geographic region?
Who will provide the type of support I need?
Who has funded organizations like mine?
Who has given amounts in the range I need?
Researching Potential Donors
Federal (U.S.) government
State (Maryland) government
Governor’s Grants Office
Maryland Red Book
Why do businesses’ give? http://flickr.com/photos/jalex_photo/397581862/