Grants: Getting Going

1
Foundations and Grants
November, 2004
2
Ch 1 Money and Power

• How is money power?
• How can you have power without money?
• How do you get money?
• Sell your idea
• Be organized
• Work hard

• How can you get what you want without spending
  money?

3
Ch 2 Grants - Pros and Cons

• Grant money comes with a variety of strings
  attached. These strings can disempower your
  organization

4
Problems that accompany grants...

• Lousy odds
• Long waits
• Soft money
• Restricted money
• Grants dont empower your group
• Too few people are involved in the process
• Your work can get distorted in the pursuit of
  money
• The dirty money syndrome

5
Why grants are attractive, useful, and worth the
trouble...

• Grant proposals are guilt free
• Lots of options
• You have to be organized
• Grants come in large amounts
• Preparation for a major donor campaign
• Credibility
• Leverage
• Its fun!

6
How do grants fit into a complete fundraising
strategy?

• Earned income
• Individual gifts
• Major donors
• Benefit events
• Grants

7
Ch 3 Foundations and Philanthropy

• Foundations--
• What does a foundation do?
• Who works at a foundation and what are their job
  duties?
• Staff (paid)
• Board (volunteer)
• Community Review Board/ grants committee/
  allocations committee (optional, volunteer)
• Consultants (optional. paid)

8

• What are the different types of foundations?
• Independent (family)
• Company-sponsored
• Operating
• Community

9
Oshkosh Area Community Foundation

• The Oshkosh Area Community Foundation is in a
  growth period. Since hiring staff in 1993, assets
  under management by the Community Foundation have
  grown from 11.8 Million to 34.5 Million in
  2003. This level of growth mirrors a trend in
  community foundations around the country.
• Contributions to the Foundation and its component
  funds also grew significantly over the last
  decade. In 1993, contributions totaled just
  194,364. In 2003, contributions neared 2.1
  Million.
• http//www.oshkoshareacf.org/about_financials.asp

10
Oshkosh Area Community Foundation

• Funds - 9 types
• Acorn Funds
• Community Impact Funds
• Designated Funds
• Donor Advised Funds
• Field of Interest Funds
• Funds of the Womens Fund
• Pass-Through Funds
• Scholarship Funds
• Supporting Organizations
• http//www.oshkoshareacf.org/about_funds.asp

Grants 7/02-6/031,573,342
11
How much money is available?

• 129.9 Billion was received by nonprofits in 1994
  from the private sector (212 billion, 2001)
• 12 from foundations corporations
• 88 from individuals
• 114 billion in 1994
• 143 billion in 1999

12
Who Gives What?

• In 1998, donating households gave
• 60.1 of their contributions to religious
  organizations
• 9.0 (20.7 billion) to human services
• 6.5 to health
• 6.4 to education
• 3.3 to arts, culture, and humanities
• 3.2 to environment
• Giving by bequest is estimated to be 16.3
  billion in 2001, 7.7 of all contributions made
  in 2001.
• Giving by foundations (not including corporate
  foundations) increased to 25.9 billion in 2001,
  12.2 of total giving.
• Giving by corporations decreased to 9.1 billion
  in 2001, 4.3 of total contributions.
• http//www.generousgiving.org/page.asp?sec4page
  161

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Why do people give?

• Some one asked
• They believe in the cause

• How much do people give?
• 80 of funds provided by individuals came from
  families earning less than 50,000 per year
• Check out http//newtithing.org to see what they
  think you can comfortably give.

14
What criteria do people use for giving?

• Issue
• Legitimacy
• Referral
• Enthusiasm
• Realistic goals
• Organizational history
• Uniqueness of organization/project
• Sources of funding

• Financial self-sufficiency
• Leadership
• Constituency
• Networking
• Program organization development
• Financial management

Http//give.org Http//bbb.org/about/tipsgive.
asp
15

• What gets funded?
• Who makes the funding decisions?
• What are your odds of receiving funding?
• What types of costs/programs are likely to
  receive funding?
• Operating funds/expenses
• Innovative programs
• On-going programs

16
How can you increase the odds of your proposal
being funded?

• Follow the guidelines
• Tell Outcomes/outputs
• Pitch an innovative idea
• Follow the guidelines
• Tighten your project focus
• Use a provocative/descriptive title
• Follow the guidelines
• Do background research on the funder
• Follow the guidelines

17

• Money terminology --
• Cost of donating via a foundation
• Benefits of donating via a foundation
• Unrestricted Funds
• Field of Interest Funds
• Tax implications
• Donors
• Heirs
• Long term growth of money
• Rule of 7

18

• Buzz words --
• What are they?
• Why does one use them?
• When should one not use them?
• What are some current buzz words?
• Outcomes vs outputs
• Impact
• Collaboration

19

• More terminology --
• What type of organization are you?
• 501 c 3
• 501 c 4
• What type of thing are you proposing?
• Program
• Project
• campaign

P. 25
20
What is a case statement?Who uses it? Why
develop one?

• Mission
• Goals
• Objectives
• Organizations history
• Organizations structure
• Fundraising plan
• Financial statement

21
What is feasibility testing and why does one do
it?

• Does your project fill a real need?
• Is anyone else working on a similar project?
• Have foundations funded similar projects?
• How controversial is it?
• Will your program grab peoples attention?
• Do you have the skills to run the program
  effectively?