Funders put the budget and budget justification under a microscope. So you’ve got to get it right. When you understand their concerns and the questions they’ll pose, you’re in a much stronger position to nail it. Here’s a list of questions funders are sure to ask.
Inconsistencies in a grant proposal flag a faulty planning process, rushed writing, or carelessness. They can cause the reviewer to wonder if you know what you’re doing.
Pay particular attention to the following elements. They’re where problems are most likely to occur.
When it comes to statutes and regulations, the definition of terms really does matter. The definitional content of a term can have a huge impact on what you can or cannot do in a given situation.
There are many types of grant seekers–private nonprofit organizations, educational institutions, public nonprofits such as municipalities, Native American tribes, and even individuals and for-profit businesses. Eligibility to receive funds under a specific grant program, or to receive funds from a specific funder, vary widely. Different grant programs and funders have varying requirements for eligibility.
There are many types of grantmakers–federal, state, county, and municipal governments; corporations; private foundations; public charities; trusts; religious institutions, etc. Each grant maker has its own specific interests and requirements.
CLASSIC ARTICLE - As an alternative to grants, some foundations use a lending instrument known as the program-related investment (PRI).Here is some basic information about the kinds of activities that they support.
CLASSIC ARTICLE - Reducing your agency's budget is never simple. If you have little in the way of unjustified spending to eliminate, there are no easy targets. And imposing a wage or hiring freeze can diminish morale and adversely impact services.
