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Finding the Perfect Grant Funder for Your Organization

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needle_in_a_haystack

As a grant writing consultant, not only do organizations trust me to write grants for them, I'm also tasked with finding grant funders that would be suitable partners. Unfortunately, it often seems like finding a foundation that will fund a particular nonprofit is like finding a needle in a haystack. There are just so many factors to consider like area of interest, geography, the amount of the grant, what it's being used to fund and if the foundation is currently even accepting applications. But I found a way to make my sleuthing just a little bit easier. 

My number one piece of advice for beginning to find funders for an organization is to first find a similar nonprofit to the one you're requesting funding for, locate their funders on the website's donor page and start investigating those for your own client. Let's say, for example, that the nonprofit you're working with is a not-for-profit hospital foundation. I use this example because this happened to be one of my clients. The hospital foundation is broadly centered on community health, preventative health measures and patient care. We'll call our nonprofit the ABC Hospital Foundation. Before you begin investigating grant makers for the ABC Foundation, visit the website of the XYZ Foundation – which also happens to be a not-for-profit hospital foundation in the same local community. There you'll most often find a donor page which lists the individuals and grant makers that have financially supported them. You'll want to make a list of these grant makers because these would be a natural choice to begin investigating. 

Go to the grant maker's website because getting to know a grant maker is critical in the success of getting a grant from them. Many make their annual reports available online so you can see what is important to them. You'll often find projects they have funded and the amounts the granted. They'll also post individual project success stories – again letting you know what they value. Are the projects they fund similar to the one you want funding for? You can also find out staff names and what program officers are in charge of different funding divisions. 

It's important too to get the tone of the foundation from the website. Are they extremely formal or do they appear to be more relaxed? Be sure to match the tone of your application to the tone of the foundation.  

There are a ton of other tips to follow in investigating grant leads for your organization – this idea is just a start. What are some other shortcuts you use?

 

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written by Susan Detwiler, March 25, 2011
Finding similar organizations and researching their donors is excellent advice. Particularly important is to take the next step, and using the Foundation Center (or similar), find out their usual level of funding for this kind of project. They may be happy to fund a similar program, but it has to be in the same ballpark as their other requests for similar projects or grantees.
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written by Gayle L. Gifford ACFRE, March 24, 2011
I'm still a sucker for The Foundation Directory online premium package. It's pricey, but if you are doing comprehensive research you can just sign up for one or two months, get the big universe of potential funders and then unsubscribe and track the foundations down later.
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written by Lori L. Jacobwith, March 24, 2011
The background work we can do a fundraiser is really where we separate the pros from the novices. Digging on websites, talking to the staff at the funding organization and checking out other organizations who've been funded are great tips for doing the due diligence to secure the dollars. Thanks for the great reminders.
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written by Amy Eisenstein, March 23, 2011
Great tip, Betsy. I have always looked at major donors to similar organizations as the one's I am raising funds for, but never foundation funders when doing research. Great, easy, practical tip. Thanks!
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written by Kirsten Bullock, March 23, 2011
Thanks Betsy for these great tips. Just as it is important in major gifts to get to know our individual donors and match their style, it's equally important with foundations. Thanks for the reminder.

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