How to Know You’re Ready to Compete for Grants
Thousands of foundations, billions of dollars and only 1.5 million nonprofits. Let’s get our tax-exemption and snag that first, free money! Spoiler alert: this story does not end well. Most proposals get rejected, most brand-new nonprofits do not get their first dollar from a foundation and some have estimated that half the new nonprofits will fizzle out in a year or two. What about the “other half?” What are the characteristics of nonprofits that stand the best chance of winning foundation support?