Foundation prospect research is important to determine which foundations are a good match for an organization's funding needs. The document discusses analyzing potential foundations that may support a nonprofit organization. It prompts the reader to describe two foundations identified as higher prospective donors and two as lower, explaining how each would or would not be a good match. Conducting donor prospect research is key to identifying likely funding sources based on past giving, mission, priorities, and location. The reader is asked to analyze 2-3 potential funding sources for a nonprofit, describing any potential missed opportunities and explaining why sources may have been overlooked.
Discussion 2 Foundation Prospect Research ChallengesWhen researchin.docx
1. Discussion 2: Foundation Prospect Research ChallengesWhen
researching foundations (corporate, community, private, or
family), it is important to learn as much as you can about each
potential source. You can then evaluate whether the type of
foundation is a good match for the organization’s funding
need.To prepare:·Consider a nonprofit organization for which
you work or with which you are familiar ·Analyze potential
prospective foundations that might support this
organization.Post by Day 4 a description of two foundations you
have identified as higher prospective donors.Describe two
foundations you have identified as lower prospective donors for
your organization.Evaluate how each would or would not be a
good prospective donor.Be sure to explain how you arrived at
your decisions.Be sure to support your postings and responses
with specific references to the Learning Resources and outside
scholarly resources.
Week 2: Discussion 1: Funding Sources
The most successful fundraisers are good prospect researchers.
This means they use existing online and print resources to
identify which funding sources (specific individuals,
foundations, government sources, etc.) are most likely to fund
the organization/project based on past giving, mission,
priorities, and geographic giving area.
This week you examine how to conduct donor prospect research
to maximize development success.
To prepare:
· Consider a nonprofit organization for which you work or
with which you are familiar.
Analyze 2–3 potential funding sources for this
organization.
Post by Day 3 a description of 2–3 potential missed funding
opportunities.
Explain why they are or might be missed.
Describe potential funding sources and explain why they are
2. appropriate for your organization.
Analyze the strengths and limitations of each funding source.
Finally, describe any potential missed funding opportunities.
Explain why they are or might be missed.
Be sure to support your postings and responses with specific
references to the Learning Resources and outside scholarly
resources.