GRANT RESEARCH DURING DIFFICULT TIMES - Funding for Good
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MANDY PEARCE, OWNER Work with Funding For Good Grant Research | Template Creation | Coaching | Board Development | Strategic Planning | Micro Courses | Training | Keynotes | Finding Your Next Development Director E | team@fundingforgood.org W | www.fundingforgood.org
Giving Breakdown 2018 Individuals $292.09 billion 68% Foundations $75.86 billion 18% Bequests $39.71 billion 9% Corporations $20.05 billion 5% -GIVING USA 2019
INDIVIDUAL DONORS MATTER Thanks to Bloomerang for making these stats available. Take note, pay attention to your individual donors, especially the small ones. They are keeping things afloat right now for some nonprofits.
Date of Incorporation, are you a nonprofit? 501c3? In what county/state are you located? What counties/region does your organization serve? WHAT YOU NEED Is your organization a United Way/Fund Affiliate? TO KNOW BEFORE YOU CAN What type of funds are you hoping to locate? BEGIN What is your annual operating budget? SUCCESSFUL A list of specific funding needs. RESEARCH What type of work does your organization do? A list of grants you have applied to, received or been denied. Do you serve a specific population? List a few nonprofits with similar programs or services.
FUNDING SOURCES Government | Federal, State, Foundations | Private, Corporate, Local Community, Family
TYPES OF GRANTS Government Grants | Federal Corporate Foundations | Private Foundations | Have a Community Foundations | Family Foundations | Funded Appropriations are Funded by major mission and a strategy, must Funded by contributions from by contributions from appropriated by agencies & corporations, annual give away money equal to 5% numerous individuals and individual benefactors or departments (grants.gov) contributions vary relative to of assets annually, can only families, often a pool of families, small family the profit of the company and fund tax-exempt money made up of donor- foundations are often staffed usually give in communities organizations, must file a advised funds, often limit by an attorney/gate keeper, where there is a corporate 990PF grants to their community often do not solicit proposals. presence.
DETERMINE YOUR RESEARCH CRITERIA Geographic Focus Field of Interest Types of Support Amount
When the U.S. government grants a private foundation tax-exempt status, it expects the foundation to use its money to do good for society. To make sure that happens, the government requires the foundation to spend at least part of its assets each year for charitable purposes. That rule is called the payout requirement. FOUNDATIONS Foundations pay that amount in the form of qualifying TYPICALLY GIVE distributions, most of which will be grants. Within certain limits, the AWAY 5% OF administrative cost of making grants also qualifies. Generally, a private THEIR ASSETS foundation must meet or exceed an annual payout requirement of five ANNUALLY….. percent of the average market value of its net investment assets to avoid paying taxes. If you're a nonprofit looking for funding, the payout requirement can help you. By knowing how much a private foundation holds in assets, you can roughly estimate how much it should pay in grants each year to meet its payout requirement. -grantspace.org
HOW WILL FOUNDATIONS CHANGE GIVING? During this ‘difficult time’/economic downturn, foundation approaches to grantmaking have been as diverse as grantmaking institutions themselves. Some foundations have declared themselves open only to a core group of existing grantees, with others have declared a willingness to spend more than the 5% minimum required payout, and some have closing up shop. Determining a strategy has been a struggle for foundations of all sizes and many are still undecided.
QUESTIONS TO CONSIDER WHEN CONDUCTING PROSPECT RESEARCH Does my program/project fall within the funders area of interest? Where will my program/project have an impact and what area do I serve? Does the average grant size fit my need? Will we be required to match the grant? If so, by what percentage? Are we confident we can ‘find the match’? Are funds paid upfront or is it a reimbursement grant? Grant funds can take 6-9 months to acquire. Will the dollars come in time for our need? Are there restrictions? (i.e., faith based, no transport, etc.)
QUESTIONS TO CONSIDER RIGHT NOW TO DEMONSTRATE NEED Can you clearly demonstrate the key need(s) you are filling in the community? Are you illustrating your value with compelling stories relating the benefits those you serve receive? Are you highlighting how an investment will be impactful? Have you been able to adapt to the current circumstances and still provide services to those you serve? What is the impact of COVID/social unrest/economic downturn, etc. on your organization? Why do you need support now?
THESE SCENARIOS WILL BECOME MORE COMMON AS 2021 DRAWS NEAR (Connecticut Health and Educational Facilities Authority) Applications Now Closed for FY 2021 COVID-19 GRANT PROGRAM - At the April 15, 2020 board meeting, the CHEFA Board of Directors approved the replacement of their typical three grant cycles (Client, Nonprofit, Targeted) for FY 2021 to respond to the COVID-19 pandemic. The FY 2021 CHEFA COVID-19 Grant Program will focus on funding statewide efforts that are currently, or plan to be, launched by 501 (c) (3) CT nonprofit entities within the next few months to respond to the crisis. NO FY 2021 CLIENT GRANT PROGRAM - There will NOT be a FY 2021 Client Grant cycle, this grant cycle has been replaced with the FY 2021 CHEFA COVID-19 Grant cycle. CHEFA expects that we will resume a typical Client Grant cycle for FY 2022, which we expect to open in July 2021. Please check the website for updates. (Peter and Elizabeth Tower Foundation) In response to the unprecedented demands the COVID-19 pandemic has created for our existing grant partners and the communities we serve, the Tower Foundation is canceling all grant cycles for the remainder of 2020. We are not taking applications for any of our regular grant opportunities this April or August. Learn more here. (Montgomery County, OH) Due to the COVID-19 pandemic, Montgomery County has decided to cancel the Spring 2020 funding cycle of the Economic Development/Government Equity (ED/GE) grant program. The ED/GE program is funded through sales tax revenue that will be significantly impacted as a result of COVID-19. And then this from June 24th: https://philanthropynewsdigest.org/news/corporate-funders-support-covid-19-relief-update-06-24- 2020
THIS IS A REAL CONCERN RIGHT NOW AND LOTS OF US ARE EXPERIENCING IT.. YOU’RE NOT ALONE
STRATEGIES TO REACH FOUNDATIONS DURING DIFFICULT TIMES CONSIDER WHO IS REACHING OUT: IF YOU HAVE AN EMAIL ADDRESS IF THE PHONE ISN’T AN OPTION, OR CAN’T FIND CONTACT INFO? BE STAFF, SOMEONE WITH AN ALREADY FOR THE APPROPRIATE CONTACT JUST ISN’T WORK, TRY THE ROUTE SURE TO CHECK FOR A WEBSITE ESTABLISHED RELATIONSHIP, STAFF YOU CAN SEND A NICE, BRIEF OF A WELL-CRAFTED LETTER FROM (MANY SMALL FAMILY LEADER SUCH AS REQUEST FOR A CALL, OR HAVE YOUR LEADERSHIP OR A FOUNDATIONS WILL NOT HAVE CEO/ED/FOUNDER, BOARD LEADER THAT REQUEST COME FROM YOUR COMMUNITY PARTNER THAT HAS AN THIS), EMAIL, AND YOU CAN SEARCH SUCH AS THE BOARD CHAIR LEADERSHIP TO DISCUSS THE ‘IN’ AT THE FOUNDATION A 990 FOR PHONE, EMAIL, MAILING POSSIBILITY OF PARTICIPATING IN ADDRESS, AND CONTACT INFO A THEIR NEXT/UPCOMING GRANT WELL. BE SURE TO CHECK PAGE CYCLE ONE AND SECTION XV, SECTION
QUESTIONS TO ASK PROGRAM OFFICERS DURING DIFFICULT TIMES [If you have already submitted a proposal] Has the current funding cycle pushed back/changed? If yes, when will reviews happen and when would dollars be awarded? If no, will awards still be available on the same timelines? If no, are there any current changes planned for funding priorities moving forward (in case you don’t get selected for funding in this cycle). If there are any special RFPs or crisis/cause-related funding, would you also qualify to apply if you have a current application in for another project?
QUESTIONS TO ASK PROGRAM OFFICERS DURING DIFFICULT TIMES [If you have had a previous conversation about submitting a proposal] Is the cycle we were slated to apply in still happening on time? If not, when will it be and can we still submit a proposal for the same project/program we discussed? Will the foundation change its focus for the next cycle? For the foreseeable future? Should I check back in before applying in the next cycle?? Do you anticipate any changes in the amount of funding provided in the next cycle?
QUESTIONS TO ASK PROGRAM OFFICERS DURING DIFFICULT TIMES [If you are considering submitting a proposal in a future grant cycle] Has your organization had any discussion around if funding priorities will change moving forward? If so, can you share about those changes (will changes be to priority areas, types of funding, etc.)? Will they change the types of organizations/work they fund? Will they change from funding capital to program only, etc.? Do you anticipate any reduced funding or eliminated grant cycles in the next fiscal year? Do you feel that your organization will provide more grants at lower dollars, the same number of grants and dollars as are typical, or fewer grants with higher awards going forward?
FREE ONLINE RESOURCES FOR GRANT RESEARCH Grants.gov - All things federal | https://www.grants.gov/ The Grantsmanship Center – State Grant Resources | https://www.tgci.com/funding-sources Candid 990 Finder | https://candid.org/research-and-verify-nonprofits/990-finder Finding Foundation Directory Library Location to access free software | https://candid.org/find-us Foundation Directory Online | https://fconline.foundationcenter.org/ Animal Welfare Funders | https://www.aspcapro.org/grants/resources Grants for Teachers | https://www.grants4teachers.com/ Funds Net Services | http://www.fundsnetservices.com/ Philanthropy News Digest | https://philanthropynewsdigest.org/rfps
FREE ONLINE RESOURCES FOR GRANT RESEARCH Funds for Coronavirus Relief | https://candid.org/explore-issues/coronavirus/funds (currently 854 funds listed) COVID-19 Emergency Funds | https://grantspace.org/resources/knowledge-base/covid-19-emergency-financial- resources/ SBA Coronavirus Relief Options | https://www.sba.gov/funding-programs/loans/coronavirus-relief-options COVID Resources for Artists and Arts Organizations | https://www.arts.gov/covid-19-resources-for-artists-and-arts- organizations Instrumentl – COVID Grants | https://www.instrumentl.com/browse-grants/covid-19-grants Grant Station – COVID 19 Related Funding | https://grantstation.com/covid-19-related-funding InfoEd Global COVID Resources | https://www.infoedglobal.com/COVID19/COVID-19.html Council on Foundations | https://docs.google.com/spreadsheets/d/e/2PACX- 1vT3YOH_tCxOTw1P0ZTdVnnGdNsULENdaZ36mUnL8TwN8xzgjQ3oXFaL93YYgrNHOTamHB0Deagn3DGe/pubhtml Terra Viva Grants Directory: Terra Viva is a resource for grant opportunities for projects in developing countries related to agriculture, energy, environment, and natural resources. On the Terra Viva website, you can access funder profiles and lists of recent grant opportunities for free. For $12/year, you can receive email alerts about funding opportunities and access a searchable database of funding opportunities. **We have never used this site, but found it for those seeking funds outside the US.
FREE ONLINE RESOURCES FOR STATE, GOVERNMENT, INTERNATIONAL AID GRANT RESEARCH State Governments (US) - State government opportunities can be a little harder to track down. Some state-sponsored opportunities will appear in funder databases, just like federally sponsored opportunities. As many state-based opportunities are federally funded, you will find them posted in grants.gov. One of the most reliable routes to find state- level opportunities is to visit the website of the state-level department that oversees your program area. Government Resources Outside of the US - Outside of the US, you can find grant listings through government websites and the websites of regional and multinational organizations. Few governments maintain a resource like grants. gov, which posts all government agency grants in a single location. If you live outside of the US and seek a grant for a project based within your country, try visiting the website of the government agency that oversees the program or subject area most closely related to the work of your organization. International Aid - Federal aid agencies fund the majority of international development work conducted around the world. In the US, the lead agency for international aid is the US Agency for International Development (USAID) https://www.usaid.gov/. USAID's grant opportunities are posted on grants.gov, and its contract opportunities are posted on https://fbohome.sam.gov/. For forecasted opportunities (contracts and grants), there’s a very helpful database called the USAID Business Forecast. (resource: www.peakproposals.com)
MEASURING THE STATE OF DISASTER PHILANTHROPY INTERACTIVE TOOL BY CANDID & THE CENTER FOR DISASTER PHILANTHROPY Go https://disasterphilanthropy.candid.org/ and click ‘Map’ in the far right corner to access this tool.
Save tedious research time so you can get back to fulfilling your mission. Get well-suited grant prospects delivered straight to your inbox, complete with a calendar of due dates. Never worry about missing a deadline again. GRANT What’s included in the Grant Research Package? 8-12 well-matched prospects for your current needs RESEARCH A PDF of each prospect with our detailed notes A 1-hour phone call to review the results PACKAGE WITH Custom questions to ask each particular prospect when you talk to them FUNDING FOR A Grant Timeline Calendar based on results we found – due dates, contact info., and application links all in one master document. GOOD Delivered within 2-3 weeks of Research Questionnaire submission
Does the research package sound like a good fit for your current needs? Save $200 when you book your package by July 7th. Use coupon code: SAVE200 HTTPS://FUNDINGFORGOOD.ORG/PRODUCT/GRANT-RESEARCH/
Funding For Good Mandy Pearce, Owner team@fundingforgood.org www.fundingforgood.org
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