Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring...

21
WELCOME! Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

description

Last year, corporate and private family foundations alone gave more than $56 billion in grants to nonprofit organizations. Are you getting your share? This presentation evens the playing field for all nonprofits to learn how to access corporate, private foundation and government funding.

Transcript of Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring...

Page 1: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

WELCOME!

Everything You Ever Wanted to Know About

Foundation, Corporate, and Government Grants,

featuring Betsy Baker

Page 2: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

2

Our Speaker

Betsy Baker, MPA

President of YourGrantAuthority.com

Author, Trainer, Coach, Speaker, Grant Writing

Consultant

Betsy is a regular presenter for the Foundation Center,

the Grant Professionals Association, the Georgia Center

for Nonprofits and United Way agencies and is a regular

contributor to Opportunity Knocks!, CharityHowTo and

CharityChannel.

Master's in Public Administration, Auburn University

Page 3: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Agenda

• Review of: ▫ Corporate Sponsorship ▫ Private Foundation ▫ Government Funding

• Critical steps to writing a winning proposal

• Resources to identifying grant funders

• Q&A

Page 4: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Corporate Foundations

• A corporate foundation is a charitable foundation which serves as a channel for

distribution of a firm’s profit for nonprofit activities

▫ The company-sponsored foundation often maintains close ties with the donor

company, but it is a separate, legal organization, sometimes with its own

endowment, and is subject to the same rules and regulations as other private

foundations

• According to the Council on Foundations, there are more than 2,000 corporate

foundations in the United States holding an estimated $11 billion in assets

• It serves as an expression of corporate social responsibility.

▫ McDonald’s – Ronald McDonald houses

▫ Boeing – Math education

▫ Target – Local schools

Page 5: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Corporate Foundations – What are they

looking for? • An opportunity to further their specific mission

• An opportunity to reach as many people as possible

• An opportunity to impress “branding” on the community they serve

• Get to know the company, their brands and their interest

• The “sweet spot” – where society’s needs meet corporate objectives

• Find information on the company’s website under “community” or “corporate citizenship”

Page 6: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Are you ready for Corporate Funding?

• Do you have an established marketing effort in place?

▫ Examples include: e-mail, a website, events, newsletters, conferences, television, radio and print advertising

• What do you know about your organization's demographics?

▫ Where they live? Whether they are young families, empty nesters, or teens?

• Have you worked with corporate sponsors before?

▫ Do you have testimonials from a corporate executives about the value of your organization? Do you feature those in press kits or other marketing materials?

Page 7: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Foundation Grants

• Also a nonprofit organization, a private foundation is usually created with a single primary donation from an individual or business whose funds and programs are managed by its own trustees (aka Board of Directors)

• Usually generates income by investment of its initial donation, often disbursing the bulk of its investment income each year to charitable activities – not from private donations

Page 8: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Two Types of Private Foundations

• Private operating – actually run the charitable activities or organizations they fund with their investment income

▫ Art museum – money is used for their own activities serving the public

• Private non-operating – simply disburse funds to other charitable organizations

▫ Family foundations are an example

Page 9: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Government Grants

• The U.S. government is not giving away free grant money!

• “A form of gift that entails certain obligations on the part of the grantee and expectations on the part of the grantor.” Jay M. Shafritz, American Government and Politics

• Obligations – Getting a government grant will get you loads of them and not fulfilling them will get you a load of legal troubles.

• Can apply for city/county, state and federal

Page 10: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

What’s Expected of

Government Grantees • Project expenditures must be strictly accounted

for

• Granted funds must be spent or they go back into the Treasury

• Any project changes must be approved by the Program Officer (federal government employee)

• The project should be completed with apparent success

Page 11: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

How to Write a Winning Proposal

• Meet funders objectives ▫ Different for private, corporate and government grants

• Review their restrictions and ensure you meet them

• Ensure your budget aligns with their guidelines

• Tell a good story

• Follow directions

• Timeliness – ensure your proposal is submitted on time!

Page 12: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

10 Steps to Effective Proposal Writing

Step One: • Effectively state your organization’s purpose and

mission Step Two: • Show need for the work of your organization

▫ Demonstrating need is critical and is best illustrated

through relevant statistics of the problem and specific examples

▫ Should show why the organization exists, how they’re

meeting a need and the severity of the need

Page 13: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

10 Steps to Effective Proposal Writing

Step Three: • Detail your organization’s expertise and experience

in helping solve the stated problem in your community ▫ What gives you the edge over competing nonprofits? ▫ Describe in terms of benefits, not features

Step Four: • Write clear and measurable grant objectives

▫ Describe what you want to specifically accomplish and how you will achieve those accomplishments

Page 14: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

10 Steps to Effective Proposal Writing

Step Five:

• Determine how your staff will fulfill a grant project

Step Six:

• Write a detailed evaluation plan to measure your progress

Step Seven:

• Present your official request for funding for maximum impact

Page 15: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

10 Steps to Effective Proposal Writing

Step Eight:

• Build an efficient project budget

Step Nine:

• Establish proof of community support

Step Ten:

• Include requested documentation and an engaging cover letter

Page 16: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Identifying Grant Funders: What are

you searching for? • Eligibility • Foundation’s Purpose • Funding Restrictions • What the Foundation Funds • What the Foundation Does Not Fund

Page 17: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Free Grant Funding Resources

• FREE Research – Foundation Websites • More FREE Research – Form 990’s (found on the

www.FoundationCenter.org website) – find who they’re funding

• The Foundation Center also produces The RFP Bulletin – send grant opportunities right to your inbox!

• Also register at www.NozaSearch.com for grant activity updates

• FREE continued…Chronicle of Philanthropy, www.philanthropy.com →Fund Raising Tab→ Guide to Grants→ Guide to Grants Database

• Also FREE – The Grantsmanship Center, www.TGCI.com → Funding Sources Tab → View top givers by state

• FREE – www.FundsNetServices.com – funding by category

Page 18: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Fee-Based Grant Funding Resources

• The Foundation Center’s Foundation Directory Online (FDO) – different subscription levels available

• www.GrantStation.com – offers member benefits including grant research opportunities

• www.BigDatabase.com – BIG Online – Their Grant Development Services offers products and services useful to a grant writer

Page 19: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Finding Federal Grant Opportunities

• www.Grants.gov – The Best Source! - sign up for daily announcements or search by agencies and programs

Page 20: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

Questions?

Want a fr.ee rating system for your grant proposals? “Like” me on Facebook and receive a complimentary copy of my

Grant S.A.T. – a 75-item rating system that scores your grant

proposals before ever sending them out.

(Be sure to email me at betsy <at> YouGrantAuthority <dot> com so I can

send you the system.)

Page 21: Everything You Ever Wanted to Know About Foundation, Corporate, and Government Grants, featuring Betsy Baker

21

Contact Information • Connect with Betsy on her website,

www.YourGrantAuthority.com or via email at

betsy<at>YourGrantAuthority<dot> com

• Connect with Sage

– Email nps <at> sage <dot> com

– Download the presentation and handouts from

www.slideshare.net/sagenonprofit

– Read our blog, http://www.SageWords.net.

– Like us on Facebook,

http://www.facebook.com/sagenonprofit

– Follow us on Twitter, http://www.twitter.com/sagenonprofit

– Join the discussion in our group on LinkedIn.

– Watch and follow on YouTube,

http://www.youtube.com/user/SageNonprofit

– Pin with us on www.Pinterest.com/SageNonprofit