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Jule’ Colvin, President & CEO. A grant is….. A gift of money from an organization, usually a foundation or government entity, not an individual donor,

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Presentation on theme: "Jule’ Colvin, President & CEO. A grant is….. A gift of money from an organization, usually a foundation or government entity, not an individual donor,"— Presentation transcript:

1 Jule’ Colvin, President & CEO

2 A grant is….. A gift of money from an organization, usually a foundation or government entity, not an individual donor, that does not have to be repaid. Grants are given to non-profits for such costs as: administrative, programs, capital purchases, equipment, capacity building, training, building, rehab.

3 Diversify your funding base Build strategic relationships Expand marketing options Develop new programs Fund capital expenses Cover operating costs Strategic Growth

4 MethodCost Return on Investment Direct mail to general lists (non donors)115%-15% Special Events50% Planned Giving25%75% Direct mail to prior donors20%80% Foundations/Corporations20%80% Major Gifts5-10%90-95% National Average, all methods:20%80% Why would you spend $1.15 in order to raise $1.00 through direct mailings to general lists? By soliciting foundations and corporations, you would spend 20 cents to raise $1.00. *James Greenfield, Fund-Raising: Evaluating and Managing the Fund Development Process

5 Private Foundations Community Foundations Government Corporate Foundations

6 Is your agency capable of doing what you say? Will you handle their money well? Will you have social ROI? Bottom Line - Funders Are Social Investors. They Want To Know:

7 A Sound Program That Incorporates : Measurable Outcomes Best Practices Good Use of Resources – In Kind, Volunteers, Collaboration Qualified Staff Success Rates & Stories Evaluation/Follow-Up Innovative Piece

8 A Sound Agency That Shows: A Board That Gives & Is Active Solid Financials Sufficient/Balanced Budget Past Funding Variety of Funding Sources Administrative vs Program Spending Sound Record Keeping

9 A Well Written Proposal Clear & Succinct Follows Directions to the Letter Heart & Head Focus Stories Included Shows You Want to Help the Funder Achieve Their Goals

10 Board List/Involvement501 (c) (3) LetterTwo Years of FinancialsStaff ResumesJob DescriptionsOther Funding SourcesAgency /Program BudgetPast SuccessesSupport Letters/CollaborationsWritten Plans Basic Tool Box:

11 Relationships Amount You Need is Reasonable for Funder ROI on preparation vs. award Your Focus/Target Population Matches Type of Request Matches (Capital Campaign, Admin, Etc) Geographic Match Religious Match

12 Foundation Search Foundation Center Newsletters Library Grants.gov City and County Websites

13  Keyword Search  Dig deeper – Who? When? What? Amount? Where?  Process to apply  Dates to apply  Can you call them?  Sample Foundation Prospect List  https://fconline.foundationcenter.org/search/member -index https://fconline.foundationcenter.org/search/member -index

14  Review DAC and ABC Apps  Is this a good match?  What will I need?  Follow the directions completely.  Leave enough time for reviews.

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