| Grant Proposal Consulting
TYPES OF GRANT MAKERS
There are several types of grant makers. They include:
• Private Foundations
• Community Foundations
• Corporations
• Government
• Civic Organizations
• Churches
Private Foundations
are the most common grant makers and are established by an individual,
group or a family. They are typically controlled by the donor and family
and members of the board of trustees.
Community Foundations, sometimes called public
foundations, are publicly funded and are founded for a specific interest
or geographic area. These foundations actively raise money as well as
make grants. Community foundations often have both unrestricted funds
and designated funds.
Corporations
• Corporate Foundations…Corporations
often create a separate entity called a corporate foundation which distributes
part of its profit in the form of grants.
• Corporate Giving Programs…Corporations
make a direct gift from operational funds, exclusive of a foundation.
• Corporate Sponsorships…Corporations
allocate money from their marketing budget to support visible activity
in return for publicity of the corporation.
• Employee Matching Grants…Some
corporations match gifts of their employees charitable gifts.
• In-kind Giving…Corporations
often donate goods or services instead of cash…which may include
the company product, cast-off furniture and equipment
Government
Funding available at the federal, state and local levels is usually
organized with agencies by subject area. Applications are often complex,
competitive and outcome sensitive.
Civic Organizations
These organizations, such as Rotary Club, VFW, tend to give to local
activities and the application procedure is relatively simple.
Churches
Many denominations have giving programs with a relatively simple application
process.
Developing a Successful Grant Proposal
Organizations and Institutions will significantly
improve their chances of obtaining a grant by including the necessary
elements of successful grant requests. Although each foundation or corporation
is unique, Griesgraber & Associates has found the following ten
components fundamental to every successful grant proposal.
- A Cover Letter
highlighting the most significant aspects of the proposal. This assumes
that you have done your homework and determined that the donor organization
supports projects such as the one in your proposal.
- A Table of Contents
that gives page numbers to each document within the proposal.
- An Executive Summary
that describes the problem your proposal seeks to address. Included
in the summary should be an outline of action, the budget of the project,
and the expected outcomes.
- A Brief Overview
of your Institution/Organization with enough background to build confidence
that you will be successful for the project.
- The Statement of Need
indicating, whenever possible, statistics
or recent studies to validate the need. Make certain that the scope
of your project is within your organization’s ability to achieve
its goal.
- A List of the Goals
and Objective that specifically address the
need. If you have a recent strategic plan, use these goals and objectives
and indicate the process used to determine them.
- The Implementation
Timeline indicating who is going to do what
by when.
- The Evaluation
process that will be used to measure the success of the project to
be funded.
- The Budget
should indicate the resources that will be used to fund the project.
Most foundations and corporations will expect a significant financial
commitment from the organization before they will provide “outside
funding”.
- What Future Funding
will be needed to continue the project after the grant has been expended?
In other words, how will your institution sustain itself and the project
beyond the grant?
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