The Grant Writing and Funding Coach by Deborah Griffiths

Author:Deborah Griffiths [Deborah Griffiths]
Language: eng
Format: epub
Tags: BUSINESS & ECONOMICS / Nonprofit Organizations & Charities / Fundraising & Grants, BUSINESS & ECONOMICS / Crowdfunding
Publisher: Self-Counsel Press
Published: 2017-02-28T16:00:00+00:00

The funding world offers a wide spectrum of options. Lead your search for matching funds with your draft budget and written summary in hand. Look for funds in your area of need, at your level of request, and be strategic. If you happen to wander off the path and fall into the rabbit hole of a funding portal, you can waste countless hours, unless you’re strategic in your search.

4.2 A note on operating versus special projects

As you begin to scope out what’s on the funding horizon, ask yourself, am I applying for special project funds or operating funds?

Operating refers to funding ongoing, year-round staff wages, overhead costs, rent, utilities, banking, building maintenance and repair, travel, and insurance.

Special projects have a beginning, middle, and end within a specific timeframe. Examples include development, programs, strategic plans and projects, contracting, and capital projects.

Typically, funders prefer special projects. Most granting agencies and foundations do not fund year-round operation of organizations unless, like some private foundations, they have a specific mandate to do so.

If your goal is to attain operating funding, you can plan sequential special projects to build up your organization’s core revenue streams and reputation. By doing this, you’ll eventually establish healthy operations which some agencies and foundations will want to support.

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