Q: How do I find grants for my nonprofit?
A: The process of finding grants typically begins with prospect research. Foundations generally give based on subject and geographic region, so look for funders whose interests match your organization's mission, programs, populations served, and locations served.
Q: Where can I find funding for my business?
A: Foundations typically fund nonprofit public charities, as defined in Section 501(c)(3) of the Internal Revenue Code. These are organizations whose purposes are charitable, educational, scientific, religious, literary, or cultural. The small number of foundations that give to individuals typically do so to help pay for educational expenses or support artistic or research projects.
Q: Can we use a fiscal sponsor to get grants?
A: Yes, fiscal sponsorship does work for grants. You would use a fiscal sponsor if your organization does not yet have 501(c)(3) status. Most grantors are restricted from providing grants to any organization that is not a 501(c)(3) nonprofit.
If you choose to use a fiscal sponsor, be sure to include this information in your grant proposal. Your fiscal sponsor will likely have guidelines for handling this information in a grant proposal.
Q: Is hiring a Grant-Writer necessary?
A: Researching and writing grants is time-consuming and requires specialized and finely honed research and writing skills. Experience with grants and grant writing always makes the odds better for landing a grant.
You may be fortunate enough to have an experienced grant writer on staff, however, many nonprofits doesn't and it might make sense to hire a grant professional or consultant, at least for a limited time.
Q: We need a grant within a year. Is that long enough to get one?
A: No, it isn't. Grants are not a quick funding solution. Funders take quite a long time to make decisions about sizable grants, although sometimes funders will have short funding cycles for certain types of projects, which is rare.
You also need to consider the time spent preparing your proposal, finding suitable funders, and cultivating those relationships.
Q: What are your fees?
A: Our fees start as low as $500 per scope of work. Call us for a consultation.