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Fundraising QuickStart week 4

Fundraising QuickStart week 4. Sandy Rees, CFRE Fundraising Coach. Results you can expect. Results depend on How well you learn How much ACTION you take You miss every shot you don ’ t take. Step 32. Use grants to raise money. Common uses of grants. Capacity building

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Fundraising QuickStart week 4

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  1. Fundraising QuickStartweek 4 Sandy Rees, CFRE Fundraising Coach

  2. Results you can expect Results depend on • How well you learn • How much ACTION you take You miss every shot you don’t take. (c) Sandy Rees, 2010 www.getfullyfunded.com

  3. Step 32 Use grants to raise money (c) Sandy Rees, 2010 www.getfullyfunded.com

  4. Common uses of grants • Capacity building • Capital campaign • General operating support • Multi-year project • Program support • Start-up support (c) Sandy Rees, 2010 www.getfullyfunded.com

  5. For your program or project, • What need are you addressing? • How much will it cost? • What will you accomplish with the money? • What outcomes are you seeking? (c) Sandy Rees, 2010 www.getfullyfunded.com

  6. A word about outcomes • Make them specific and measurable • Funders are very interested in outcomes (c) Sandy Rees, 2010 www.getfullyfunded.com

  7. Supporting materials • Form 990 • 501(c)3 letter • Brochure, fact sheet, etc. • List of Board of Directors • Most recent financial statements • Annual report • Audited financials • Letters of support (c) Sandy Rees, 2010 www.getfullyfunded.com

  8. Don’t chase the dollars! • Make sure the grants you go for fit with your current mission. (c) Sandy Rees, 2010 www.getfullyfunded.com

  9. Create a budget • Make it complete • Keep it realistic • Manually check your numbers • Don’t inflate your numbers • Make it easy to read (c) Sandy Rees, 2010 www.getfullyfunded.com

  10. Find a funder Grant funding usually comes from • Private foundations • Corporate foundations • Government grants (c) Sandy Rees, 2010 www.getfullyfunded.com

  11. Go for the FIT • Make sure the funders you choose are an exact fit for you program or project. (c) Sandy Rees, 2010 www.getfullyfunded.com

  12. Research! • Start with the Foundation Center (www.foundationcenter.org) • Guidestar www.guidestar.org • www.grants.gov (c) Sandy Rees, 2010 www.getfullyfunded.com

  13. Nontraditional research • See who else in your community is getting grant $ • See what similar nonprofits across the country are getting (c) Sandy Rees, 2010 www.getfullyfunded.com

  14. Specific research • Limitations • Purpose and interest • Types of support • Previous grants or grantees • Scoring (c) Sandy Rees, 2010 www.getfullyfunded.com

  15. Form 990 Look for • Indication of capacity • Previous grantees • Previous grant amounts • Their Board of Directors (c) Sandy Rees, 2010 www.getfullyfunded.com

  16. (c) Sandy Rees, 2010 www.getfullyfunded.com

  17. Get your Board involved • See if any of YOUR Board members know any of THE FUNDER’S Board members • Establish a connection • No arm twisting! (c) Sandy Rees, 2010 www.getfullyfunded.com

  18. Create a deadline calendar • Keep yourself organized • Start with plenty of time (c) Sandy Rees, 2010 www.getfullyfunded.com

  19. Write! • Letter of Inquiry • Application • Complete proposal (c) Sandy Rees, 2010 www.getfullyfunded.com

  20. Writing tips • Keep it simple and concise • No jargon or acronyms • Use descriptive words • 8th grade reading level (c) Sandy Rees, 2010 www.getfullyfunded.com

  21. Formatting tips • Use 12 point, simple font • Use 1” margin • Keep paragraphs short • Simple binding (c) Sandy Rees, 2010 www.getfullyfunded.com

  22. Follow up • Thank the funder for a gift • Thank the funder anyway! (c) Sandy Rees, 2010 www.getfullyfunded.com

  23. Questions? Sandy Rees, CFRE Fundraising Coach www.getfullyfunded.com sandy@getfullyfunded.com (c) Sandy Rees, 2010 www.getfullyfunded.com

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