The Application Process for a Grant

The Application Process for a Grant thumbnail
A grant application can result in funding.

Grants are an effective tool for nonprofit financing. Grant funds are available primarily from foundations, corporations and the government. Each grant application is unique, yet most require an organization to define the need, describe the program, and list goals and outcomes.

  1. Identify Funding

    • The first step in securing grant funding is to identify prospective grantors. National organizations, such as The Foundation Center, maintain an online database of potential funders. Many local organizations also exist that maintain information about local funders. These services often have a substantial price tag. Find an organization similar to your group and research who funds their programs. After creating a list of funders, contact the foundations to make sure your organization is eligible and fits within their guidelines.

    Apply

    • Each application process is different. Some organizations require a letter of inquiry prior to submitting a full proposal. You can find out the requirements of each organization through your eligibility discussion with the funder's program staff. Many foundations place increasing importance on the goals and outcomes section of a proposal. While your organization's background information is important, a funder wants to know the return on investment. Because of this, pay close attention to your grant proposal's deliverables.

    Followup

    • After submitting your proposal, a program officer gathers all pertinent information and presents the proposal and information to the foundation's board. The program officer may schedule a site visit to get a better idea of your organization, staff and program. If the grant is approved, you'll receive a grant agreement that stipulates reporting requirements.

Related Searches:

Resources

  • Photo Credit form -3 image by Rog999 from Fotolia.com

Comments

Related Ads

Featured