Understanding The Difference Between Public And Private Funding
Public and private grant nonprofit funding seem simple in definition. Public funding comes from a federal, state, or publicly funded agency, while private funding is awarded by non-corporate and corporate entities (includes grants and gifts). However, it’s not always black and white. In order to decide whether to seek public or private funding, it’s […]
Setting Up a Successful Collaboration
QUESTIONS TO DETERMINE BEST COLLABORATION OPTIONS Who would you work with to make an extraordinary impact on your community? No one nonprofit can meet all the needs of a community or even a specific population within the community. It is part of the reason why there are more than 1.5 million nonprofits in the […]
How to Reach Out to Grant Funders Who Are ‘Invite Only’
The grant world is competitive, and private foundations are becoming selective in accepting grant proposals. Grants that are ‘invite only’ can feel intimidating for nonprofits, but they shouldn’t be written off completely! If you haven’t been ‘invited’ to submit a proposal, here are a few outreach strategies you can implement to bridge the […]
Tips for Finding Emergency Grants During Crisis
The pandemic has left many nonprofits struggling to find funding assistance. Contacting your existing funders is step one — but what if you don’t have current grant funders? Maybe you received grants in the past, but aren’t managing any currently. Or your nonprofit may have never received a grant before. Whatever the case may be, […]
Restoring Trust in Your Grant Funders
A grant funder is more likely to give when they trust an organization and its team. If a situation occurs where the funder loses trust, it is up to the organization to take proactive steps to remedy the issue. Below, we’ll list out a few scenarios in which trust your grant funders can […]
Core Principles to Cultivate Funder Relationships
1. RESEARCH FUNDER RELATIONSHIPS Whether foundation or corporate partner or individual donor, it is important to “know before you go” by researching before heading toward a relationship. Utilize online tools such as Guidestar/Candid, Foundation Directory Online (FDO), or Grant Advisor to learn about a funder’s giving patterns, planned philanthropy, and actual experiences of awardees. Similar […]
Tips for Building Your Nonprofit’s Value Proposition
Competition is tough in the nonprofit world. How do you stand out in a sea of nonprofits who are working towards the same mission? Cue, the value proposition. A value proposition is a short description of what your organization can provide in exchange for financial support. Writing a compelling value proposition starts with […]
The Grant Life Cycle Through a Grant-maker’s Eyes
In a recent post, we covered each stage of the grant life cycle from an applicant’s perspective. To bring this topic full circle, we thought it would be beneficial to highlight each stage of the grant life cycle through the lens of a grant-maker. While the stages of the life cycle remain consistent on […]
Signs It’s Time to Improve Your Grant Management Software
Grant management software is vital for a nonprofit’s workflow efficiency. However, this system should not be viewed as a one size fits all solution; poor organization and performance could be a result of an unfit management software. Below, we’ll discuss a few signs that indicate your current system isn’t performing well, and why […]
Four Keys to Diversified Funding
1. INDIVIDUAL DONORS Engage these types of individual donors: Leadership gifts/major donors Mid-level donors Monthly givers Bequest and estate commitments Donor Advised Fund holders IRA Qualified Charitable Distributions Build relationships through: Events Peer-to-peer campaigns Annual and capital campaigns Social media Traditional mail solicitations In-person meetings/meals 2. CORPORATE PARTNERSHIP Businesses improve brand equity and grow […]
