Busy nonprofits, you can easily get $100k in grant awards by doing these 3 things:
1. Build a Strong Grant Pipeline
One of the biggest mistakes nonprofits make is submitting only one or two grant applications and expecting results. Instead, build a pipeline of grant requests totaling $500,000 to $750,000. This pipeline allows for multiple applications to be submitted, increasing the likelihood of receiving funding. Think of it as diversifying your funding portfolio—more opportunities mean higher chances of success.
Things to Consider: Use tools like Excel, Google Sheets, or grant management software to track your pipeline. Include details like submission deadlines, award notifications, and follow-up requirements to stay organized.
2. Leverage Existing Revenue for National Grants
National grantmakers like the Ford Foundation look for credibility and sustainability when deciding which nonprofits to support. To establish trust:
- Showcase current revenue streams. Highlight contributions from individual donors, program income, and smaller local grants.
- Demonstrate financial stability. Funders are more likely to invest in nonprofits with diverse funding sources and proven impact.
By leveraging these existing revenue streams, you show national funders that your organization is worth the investment.
3. Target Funders who have a History of Given to your Programs or Services
Applying for every available grant might feel productive, but it wastes time and resources if the funder’s priorities don’t align with your mission. Instead, research funders who:
- Have a history of giving to programs similar to yours.
- Focus on your specific mission, such as education, healthcare, or housing.
Tailor your grant proposals to address the funder’s interests and priorities. Speak their language by emphasizing how your nonprofit aligns with their goals and values.
Things to Consider: Use platforms like Foundation Directory Online, GrantStation, or your local community foundation to identify funders whose priorities align with your work.
