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The State of Grantseeking Spring 2014

The State of Grantseeking Spring 2014. Presented by Ellen Mowrer Director of Business and Marketing GrantStation.com. Why Does This Matter?. Changes happen faster than ever before Immediacy – Social Media – Overhead – Transparency – Volatile Government Funding

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The State of Grantseeking Spring 2014

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  1. The State of Grantseeking Spring 2014 Presented by Ellen Mowrer Director of Business and Marketing GrantStation.com

  2. Why Does This Matter? • Changes happen faster than ever before • Immediacy – Social Media – Overhead – Transparency – Volatile Government Funding • Equally important regardless of your experience level • Trending data helps you to manage your time and expectations for success

  3. Agenda • Definitions & Practical Applications • The Big Picture • Focus Points • Annual Budget • Mission • Service Area • Wrap Up

  4. Survey Definition • Eighth semi-annual survey • Over 1,200 respondents • 3 budget ranges • 9 missions • 4 service areas Fresh!

  5. Practical Application of Benchmarks • Organizations can use this information to compare their grant activity with that of “like” organizations, and as a guide to manage that activity. • But – 95% of respondents do not use benchmarks. • GrantStation uses this information to ensure that we continue to provide those organizations with relevant tools and resources.

  6. Grant Program Performance Indicator Usage

  7. Agenda • Definitions & Practical Applications • The Big Picture • Focus Points • Annual Budget • Mission • Service Area • Wrap Up

  8. The Big PictureYou Can Do It! In the last half of 2013, 84.0% of organizations that applied for grants won awards. Compared to last year: • 81% of respondents applied for the same number of grants or more grants. • 70% were awarded the same number of grants or more grants. • 69% of respondents told us that their organizations received awards of the same size or larger.

  9. The Big PictureGrantseeking Activity Trend 22% increase; +6 points 15% increase; +4 points Now is a good time to apply for more grants!

  10. Applications = Awards 90% or more of organizations that applied for three or more awards won at least one award.

  11. # of Grants WON APPLIED Some awards won were applied for in prior periods.

  12. Grants as a % of Budget Decreased number of organizations Increased number of organizations

  13. Largest TOTAL Funding Source

  14. Largest Award Statistics $47,000 is the benchmark for the largest award.

  15. The Government Effect Government funding increased the total awards size.

  16. The Government Effect • Median Award Benchmark by Funder • All Funders: $47,000 • Federal Funders: $172,000 • Any Government Funder: $103,276 • Non-Government Funder: $25,000

  17. Grantseeking Challenges

  18. The Grantseeking Conundrum

  19. Agenda • Definitions & Practical Applications • The Big Picture • Focus Points • Annual Budget • Mission • Service Area • Wrap Up

  20. Focus: Annual Budget Annual budget size DEFINESgrantseeking activity. Small: Under $100,000 Medium:$100,000 to $1 Million Large: Over $1 Million

  21. Focus: Annual Budget Grant Funding as a % of Annual Budget

  22. Focus: Annual Budget Sources of Grant Funding by Budget Size

  23. Focus: Annual Budget Largest Source of TOTAL Funding by Budget Size

  24. Focus: Annual Budget The Government Effect

  25. Focus: Annual Budget Largest Award Statistics Benchmarks for the largest award range from $5,000 to $122,500.

  26. Budget: Small Organization • Younger organizational age • Mixed service areas • All-volunteer • Grantwriting is a non-staff responsibility • Grants are a smaller % of budget • Fewer applications – 5 or less • Fewer awards – 2 or less • “Other” sources of funding • Fewer government awards • Smaller median largest award • Challenged by LT/S and researching grants

  27. Budget: Medium Organization • Older organizational age • More populous service areas • Small paid staff • Grantwriting is a staff responsibility • Grants are a larger % of budget • More applications – 10 or less • More awards – 5 or less • Private foundations • Some government awards • Smaller median largest award • Challenged by LT/S and researching grants

  28. Budget: Large Organization • Oldest organizational age • Most populous service areas • Most paid staff • Grantwriting is staff responsibility • Grants are a smaller % of budget • The most applications • The most awards • Federal government • The most government awards • Biggest median largest award • Challenged by LT/S and reduced funding

  29. Focus: Annual Budget Why Does It Matter? • Organizational budget size directly impacts the number of paid employees with job functions dedicated to grant program management. More grant-focused staff results in more applications and awards. • Organizational budgets increase in proportion to organizational age; many funders look for sustainability as defined by years of existence. • The largest awards come from government sources; government sources tend to fund older and larger organizations

  30. Agenda • Definitions & Practical Applications • The Big Picture • Focus Points • Annual Budget • Mission • Service Area • Wrap Up

  31. Focus: Mission

  32. Focus: Mission Grant Funding as a % of Annual Budget

  33. Focus: Mission Sources of Grant Funding by Mission

  34. Focus: Mission Largest Source of TOTAL Funding by Mission

  35. Focus: Mission The Government Effect Largest Source of Total Grant Funding

  36. Focus: Mission Largest Award Statistics Benchmarks for the largest award range from $20,000 to $200,000.

  37. Agenda • Definitions & Practical Applications • The Big Picture • Focus Points • Annual Budget • Mission • Service Area • Wrap Up

  38. Focus: Service Area • Rural: Under 2,500 • Urban Cluster/Suburban: 2,500 to 50,000 • Urban: Over 50,000 • Combination: a mix of populations

  39. Focus: Service Area Largest Source of TOTAL Funding by Service Area

  40. Focus: Service Area Total Amount of Grant Awards

  41. Focus: Service Area Largest Award Size

  42. Focus: Service Area Largest Award Statistics Benchmarks for the largest award range from $23,650 to $64,750.

  43. Custom Benchmarks When looking at state or national award information, you can compare your own organization’s awards based on mission, service area, or budget size by multiplying by it’s percent to all organizations.

  44. Agenda • Definitions & Practical Applications • The Big Picture • Focus Points • Annual Budget • Mission • ServiceArea • Wrap Up

  45. Words From Our Founder By the year 2020, philanthropy, not only in the U.S. but throughout the world, will wear a new face. I feel confident that these changes will open an expanded door of opportunity in the area of grantseeking for nonprofit organizations. A global sensibility combined with an array of innovative technologies will birth a new way, and perhaps a new wave, of giving. Keeping up with the latest trends in philanthropy is no longer for those who have the time to delve into this sort of thinking. Keeping up with the trends is now a tool used by grantseekers throughout the world. - Cynthia M. Adams, President & CEO, GrantStation.com, Inc.

  46. Free Report Downloads Thank you! The Spring 2014 State of Grantseeking™ Reports: www.grantstation.com/sog_main.asp ellen@grantstation.com

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