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Raise Money for Your New Nonprofit Through Grants

April 21, 2012 | Comments: 0 | Views: 178

Given you have superb leadership, a solid board of directors with credentials matching your mission; you are likely poised to write and win grants sooner rather than later. Many fundraising professionals may encourage a newly incorporated nonprofit to first look to individuals to fund your programs. However, if you do indeed have staff and board who can prove they've successfully performed your program work before; you will win grants based on your nonprofit expertise and leadership in this area.

It's commonly known that new nonprofits begin with very little to no general operating money. For this reason, you want your fundraising efforts to have minimal cost with a large return. You want to write grants. For nothing more than the cost of your time, you can raise a significant amount of money. All you need are the appropriate resources to guide you to funders that are interested in your organization. I recommend that you begin this process by using the internet for up-to-date listings on free foundation funding resources. The resources often send grant alerts directly to your in-box each week. It's an easy way to save money and keep up with grants that match your mission. There are also on-line directories and grant resource books available for purchase; but that would be spending money, and we don't want you to do that. However, you can find most of these on-line directories and publications at your city, county or state library.

When you visit the library, go directly to the Resource Counter and ask if they subscribe to on-line grant directories for both state and national resources. You might also want to fill your pocket full of coins and photocopy the section of the resource books which apply to your organization. If after reviewing the on-line resources or books and you feel it would be beneficial to purchase, perhaps a board member will underwrite it if you make a good case as to why it is needed and the probable return on investment.

Once you have a list of potential foundations to solicit, you will need to begin the writing process. Keeping in mind you are a new organization, many of the questions might seem overwhelming, yet they should look familiar. You see, most of the information required for you to become incorporated as a nonprofit by your state are the same questions a foundation will ask.

Next, make sure you follow grant guidelines verbatim. This is imperative and should not be underestimated. Most foundations will disregard your grant if it isn't in the exact format they've requested, or if you miss the deadline. Be mindful that these funding organizations spend many hours carefully defining their grant guidelines, criteria and application. They expect you to review them and follow them. If you don't, you are wasting their time. Foundations go through all of this work to ensure they do not receive an abundance of grant applications that simply don't fall in line with what they want to fund. Or, that the applications they do receive are in the format they created because it is most efficient for them as they make their giving decisions.

Another tip is to contact the program officer at the funding organization, unless they clearly tell you that they do not accept phone calls. When you reach the program officer, let them know you intend to apply for a grant and tell them a bit about your project. A number of outcomes can arise from this call. First, they may tell you that they are not interested in your program, and this saves you time in writing a grant you can't win. Second, they may love your mission and encourage you to apply with pointers on what they like to read in grant applications. Third, the program officer is your contact, and they are valuable. You want to build this relationship. Four, once you submit the grant, the program officer knows you, and they oftentimes will give you a call and recommend a change or let you know you've forgotten to address a topic fully or have forgotten an attachment.

Finally, when you have won the grant make sure to send a thank-you letter, keep them up to date over the year on your accomplishments and send them a year-end report showing them the results of their gift. When you build this relationship, you position your organization to go back and ask them for another and bigger gift the next year.

ML Wagner Fundraising Group is a small company based in Minneapolis, Minnesota focused on helping you raise money without spending it. We are dedicated to teaching and training those who have recently incorporated non profits to create an infrastructure to raise money and remain sustainable over the long haul. Whether your mission is to help preserve the natural world for future generations or to ensure that the generation of children here, today, have the best opportunities available to them, we can help. With nearly twenty years of experience in all facets of fundraising, communications and project management, we are experts in raising money with little expense attached -- as it should be.

For a free consultation contact Marcie at Please visit our website at to learn more about our services and read endorsements from our many happy clients. Thank you.

Source: EzineArticles
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Win Grants


New Nonprofit


Grant Writing


How To Raise Money


Raise Money For A New Nonprofit

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