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F INDING A ND W INNING P RIVATE M ONEY $ Holly Mahoney UTA Grants Development Specialist.

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Presentation on theme: "F INDING A ND W INNING P RIVATE M ONEY $ Holly Mahoney UTA Grants Development Specialist."— Presentation transcript:

1 F INDING A ND W INNING P RIVATE M ONEY $ Holly Mahoney UTA Grants Development Specialist

2 W HAT YOU SHOULD KNOW  Where to find private money  What you need to know about foundation/corporate grantmaking  How to apply Finding and Winning Private Money $

3 S HOW ME THE MONEY ! RESEARCH  Foundations National Regional Local By area of Interest  Corporate giving National Local Look at what’s around you. Finding and Winning Private Money $

4 F OUNDATION RESOURCES  Look Local First Utah Nonprofit Association DWS Newsletter Utah Foundations on the web  Regional and National Databases Foundations Directory Grantsmanship Center Grantwatch.com Finding and Winning Private Money $

5 Division of Workforce Services Newsletter www.housing.utah.gov/housing/ publications/newsletters.html

6 S EARCHABLE D ATABASES  Foundations Directory Subscription Available in local libraries Salt Lake City Library, UW of Northern Utah, Grand County Library, Dixie State and SUU  Other Databases and Websites Grantwatch.com Fundsnetservices.com The Grantsmanship Center Finding and Winning Private Money $

7 C ORPORATE G IVING  What companies are in your community Corporate headquarters Local small businesses  Are there National or Regional businesses in your community Wal-Mart Lowes/Home Depot Finding and Winning Private Money $

8 H OW DO I FIND OUT ?  Corporate/Company websites Corporate responsibility Community engagement  Online resources Committee Encouraging Corporate Philanthropy www.cecp.cowww.cecp.co BBB of Utah www.bbb.org/utahwww.bbb.org/utah Finding and Winning Private Money $

9 H OW IS PRIVATE FUNDING DIFFERENT  Process Foundations have a 2 step process Letter of Interest/inquiry/intent Full Application  Funding Time Tables LOIs Unsolicited (scheduled or ongoing) Only Solicited Finding and Winning Private Money $

10 F OUNDATIONS AND C ORPORATIONS  Mission What are their goals Website descriptions Past grantees  What Grants are funded Types Operating Capital Start-up or capacity building Amounts Limits? Average grant size? Finding and Winning Private Money $

11 C ORPORATE G IVING  Sponsorships  In Kind donations  Specific Campaigns  Why corporations give Build good will (PR) Employee morale Give back to community Advance a cause Finding and Winning Private Money $

12 H OW DO I GET FUNDED  Application process  Keys to a successful proposal  The importance of relationships Finding and Winning Private Money $

13 T HE A PPLICATION P ROCESS  Does the grant fit your project Does your project fit the mission of the foundation or corporation  LOI Follow the requirements of the funder Length 1-3 pages Answer all questions – follow directions Be clear, be concise, be brief Who, What, When, Where and How Finding and Winning Private Money $

14 T HE F ULL P ROPOSAL  Summary A brief overview of the entire proposal Write this last Make it interesting, catch the funder’s interest  Introduce your organization Mission, History, What you do Describe the need/problem Describe your project Budget How will you show success Finding and Winning Private Money $

15 K EYS TO S UCCESS  Follow the instructions completely  Be positive  Tell them what you do, focus on your impact  Be factual and specific  Use plain English  Use valid data  Budget-  Be specific and detailed  How will the funder’s money be used  What other resources do you have—match, partners  Measurable results Finding and Winning Private Money $

16 A DDITIONAL R ESOURCES Finding and Winning Private Money $

17 General Grant Making Resources: The Foundation Center: http://foundationcenter.org/ http://foundationcenter.org/ Grant Space, a sister site of the Foundation Center: http://grantspace.org/ http://grantspace.org/ Grant Professional Association: http://www.grantprofessionals.org/ http://www.grantprofessionals.org/ The Grantsmanship Center: http://www.tgci.com/http://www.tgci.com/ Funders Network: http://www.fundersnetwork.org/http://www.fundersnetwork.org/ Guidestar: http://www.guidestar.org/http://www.guidestar.org/ Society for Non-Profits: https://www.snpo.org/assoc/ https://www.snpo.org/assoc/ Utah Nonprofits Association: www.utahnonprofits.org www.utahnonprofits.org Waddy Thompson Grant Writing Resources http://www.grantadviser.com/index.html http://www.grantadviser.com/index.html Training https://www.youtube.com/user/Grantsmanship http://www.fundraising123.org/ http://www1.networkforgood.org/ https://www.youtube.com/watch?v=ByQRri_LTUE Finding Grantmakers http://www.nonprofitexpert.com/utah-foundations- web/ http://www.fundsnetservices.com/ http://www.grantwatch.com/ http://www2.ed.gov/about/offices/list/ope/fipse/ste ps.html Examples: http://www.npguides.org/guide/index.html http://grantspace.org/tools/sample-documents

18 T HANK Y OU Holly Mahoney hmahoney@rideuta.com Finding and Winning Private Money $


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