Michigan Nonprofit Association www.mnaonline.org Strategic Fundraising and Grantwriting Basics What You Don’t Know WILL Get In Your Way!
Jan 02, 2016
Michigan Nonprofit Association www.mnaonline.org
Strategic Fundraising and Grantwriting Basics
What You Don’t Know
WILL Get In Your Way!
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Our Goals for Today
Basic reality check
Provide participants with strategies for more effective grant-seeking
Outline basic components for writing and supporting data collection
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Ongoing Challenges
Rapid growth of sector Competition vs. collaboration Economic slump Changes in government funding priorities Doing more with less = less time for you to
research, write, cultivate…
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Show Me the Money!
Breakdown of Nonprofit Funding (pretty consistent trends over the past 20+ years) 50% - fee for service 30% - government (grants and contracts) 20% - private sector
• 80-85% - individuals• 10-15% - foundations• 5-10% - corporations
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Research, Research, Research
The primary difference between successful grant writing and inefficient proposal submission is the amount of time invested in the strategic identification of appropriate funders.
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Do Your Homework!
In relation to seeking and securing funding… What current trends do you see? Where do local nonprofits shine? Where do local nonprofits need to improve? What basic advice could you offer? What resources exist to support nonprofits
locally?
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Create a Plan
Determine your grant revenue goal in relation to overall fund development
Determine how much time you have to invest in grant seeking and SCHEDULE IT
Create a grantseeking calendar that reflects application timelines, reminders, etc.
Engage support as necessary – consider hiring technical and/or grant writers**
Outside fundraisers must register with Michigan Attorney General
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What You Need to Write
Cover letter (or, if you’re lucky – a letter of application!)
Proposal Case statement Needs statement Goals and objectives Evaluation strategy Budget
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Critical Questions
What problem are we trying to address? What program are we offering to address the
problem? Why is this important? Who is our market? Who are our competitors? (duplication?) What are the financial needs of supporting this
initiative? Do we possess the organizational capacity to
carry this through? Who should support our efforts?
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Painting the Picture
Statistics Reliable sources Appropriate comparisons Paint by numbers: stats can tell your story
Anecdotes: short, sweet, related Focused on needs of community v. needs
of organization Community voice is key
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Goals and Objectives
Goals are the large statements of what you hope to accomplish but usually aren't very measurable. They create the setting for what you are proposing.
Objectives are operational, tell specific things you will be accomplishing in your project, and are very measurable.
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Effective Evaluation
Effective evaluation answers the question,
“So what?”
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Your Evaluation Strategy
Evaluation plans should be developed concurrently with program plans, staffing plans, funding plans to ensure that the pieces of the puzzle fit
What do your wide array of stakeholder’s care about?
You can’t measure everything, so focus on what matters most
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Typical Budget Line Items Personnel (salary and benefits) Consultants (salary) Instruction Equipment Supplies Communication (telephone/postage) Materials preparation Travel Rental of facilities Evaluation Other expenses Indirect costs (costs that your organization requires)
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The Budget Narrative
Show Your Work (formulas are helpful) Be Realistic Check Your Addition Explain Every Line (make no assumptions) Too much detail makes you “thorough” –
too little makes you “suspect”
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Words that Work
Use a thesaurus Avoid duplicating and repeating yourself Seventeen words per sentence Skip the jargon What does A.C.R.O.N.Y.M. stand for? We are not all PhDs
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When Brainstorming…
Answer the following questions: What is your current “big idea”? What does your mission say as related to this
big idea? Most significant (potential) impact of this big
idea? How do you know this is needed? What does success look like?
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When Brainstorming…(cont’d)
Take your potential impact and frame it as a “Goal Statement”
Take your thoughts on “What Will Success Look Like?” and create a measurable outcome objective
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“What is your sustainability plan?”
Multiple Choice….
A. Ask you for more money B. Ask somebody else for more money C. Worry about it later D. Buy a lotto ticket E. Develop a strategy to increase and diversify
community investment while diminishing the need for grant funding
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Define Sustainability
Environmental Term: meeting the needs of the present without compromising the ability of future generations to meet their own needs.
Nonprofit Equivalent: the ability to continue the work that was started in a self-renewing manner.
“Planting trees in our own special way.”
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Barriers to Sustainability Increasing competition
Rivalry and turf
Effective planning takes time
If the community doesn’t know, the community doesn’t care
Nonprofit funding is typically short-term focused (2-3 year grants; annual gifts from individuals)
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Grant Writing Resources
http://www.mnaonline.org/fundingres.asp
http://www.npguides.org
http://tgci.com/magazine/proposal.shtml
http://www.grantproposal.com/funders.html
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Wrap-Up
Lingering Questions
Ongoing Needs
Evaluation
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Questions?
Contact MNA:
Annie McGuigan FentonCapacity Building Manager
Michigan Nonprofit [email protected]
313.394.1989
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