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Community and Economic Development Graduate Education

 

Finding the Funds You Need: 
A Guide for Grant Seekers

Table of Contents

UNDERSTANDING THE GRANTSEEKING PROCESS

What is commonly misunderstood is that the writing of the actual grant proposal is only a small component of the grantseeking process.  To be successful grantwriting is a process that entails careful planning, research, and outreach, as well as cultivating relationships. 

The “Guide to Proposal Writing” (Foundation Center 1993) notes that this process is grounded in the conviction that a partnership should develop between the non-profit and the donor. When you spend a great deal of your time seeking money, it is hard to remember that it can also be difficult to give money away. In fact, the dollars contributed by a foundation or corporation have no value until they are attached to solid programs in the non-profit sector.

This truly is an ideal partnership. The non-profits have the ideas and the capacity to solve problems, but no dollars with which to implement them. The foundations and corporations have the financial resources but lack the other resources needed to create programs. Bring the two together effectively, and the result is a dynamic collaboration.

You need to follow a step-by-step process in the search for private dollars. It takes time and persistence to succeed. After you have written a proposal, it could take as long as a year to obtain the funds needed to carry it out. And even a perfectly  written proposal submitted to the right prospect may be rejected.

Raising funds is an investment in the future. Your aim should be to build a network of foundation and corporate funders, many of which give small gifts on a fairly steady basis and a few of which give large, periodic grants. By doggedly pursuing the various steps of the process, each year you can retain most of your     regular supporters and strike a balance with the comings and goings of larger donors (Foundation Center, 1995).

It is worth noting that approximately 95 percent of all grant proposals are rejected because they are sent to inappropriate sources.  Unfortunately, once a need is established, eager grantseekers often write proposals before completing the necessary homework. It is frequently suggested that 75% of all grant-writing effort should take place before the grantseeker actually writes the proposal.  The chart below identifies “proposal writing” as the seventh step in the grant process. Successfully completing steps 1-6 can dramatically improve the your chances of receiving funds.

The Grant Process

 
 

 

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