How to Get Donations Or Grants From A Business
Most business will give grants or donations to a non profit business or charity. Not only does a business get rewarded through tax benefits from giving, giving is also a great a cost effective way to publicize a business. However, just asking a business for a donation may only give a very small to little reward. A business is in that fact a business and not only is limited to what they can give, they also must be smart in who they give donations to.
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Instructions
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Develop a relationship with the business. One of the first mistakes a see fundraisers do is asking a business for money at the first introduction. This is like giving a stranger money, if they do give money to you it will be a very minimal amount.
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Get the business involved in your organization or project first. A very wise man told me once, that if you ask someone for money they will most likely give you advice, if you ask for advice you may get money after the advice.
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If the business is a national corporation discuss company donation and grant policies with your contact. Find out if they have a online application and the best way to get funded. Find out if the business has a foundation.
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If the business has a foundation, find out their policies. Look closely at how a company qualifies. Many company foundations only give grants to organizations where there staff have volunteers with or has greatly benefited from. If this is the case, the staff member will usually be the one that needs to submit a grant request.
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Show them how your project will help their business. A business owner usually likes to know where the money is going and how it will benefit them. Remember a business is a business, even if they are giving to charity.
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Tips & Warnings
If contacting large businesses read their annual reports before asking for a donation, if the report is public.
If the business is national, start local.
Never ask for a grant or donation when first meeting with a business.
Resources
- How to Write A Mini Grant Proposal
- Reccomended reading on writing and finding a grant.
- How to Research A Foundation To Seek Grant Funding
- How To Get A Travel Grant
- How to Keep Grant Funding
- How to Fill Out a Government Grant Application
- How to Apply For A Foundation Grant When No Unsolicited Proposals Are Accepted
- How to Write a Letter of Inquiry to Obtain Private Grant Funding
- How to Get Government Grants for Home Repair
- How to Write A Statement Of Purpose For A Grant Proposal
- How to Match Grant Funding
- Fundraise To Off Set What Grants Did Not Cover
