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The boards of directors in a non-profit organization have an essential responsibility of self-management, in order to create an ideal structure and procedures and policies that promote optimal authority. The capacity of board of directors covers multiple responsibilities. These include routine matters like the preparation of a plan of board meetings to other duties which span to greater values such as creating policies regarding the terms of service.

Objectives of a non-profit organization regarding board of directors:

The objective of the non-profit organization must be to instruct members of the board regarding the practice of creating fundraising prospects. It should also be to motivate the board members to take part dedicatedly in the charitable fundraising efforts of the organization. Another important aspect of training for the board members is to practice the art of gaining connections to prospective funders and making the non-profit organization reputable and popular.

Participation of the Board of Directors:

·         Fundraising campaigns are very essential for non-profit making organizations. These are the sole money raising opportunity for these organizations other than donations. The board members should be trained to participate in fundraising campaigns and raise funds for the foundation.

·         Board members should also be guided to take part in the funding process by making personal donations to the organization. This will create a personal link to the nonprofit organization and create legitimacy for the position. It is also a requirement for the members on the board of directors to make notable donations to represent the organization.

·         Taking part in socializing can be very helpful. Networking to hunt for possible donors can help the cause of the nonprofit organization. Converting network links to money is an art that should be practiced by the board of directors. Training on this matter is also helpful.

·         Participating in seeking prospective funders is also a part of the duty. Training on how to seek the right funders and to learn how much and what they will fund is good for members of the board.

·         Members should be involved in proposing to funders and making “The Ask”.   The non-profit organization should arrange for training of the board members to learn how to put forward “The Ask” and how to close the deal. Each member on the board should be familiar with the strategies of making an ideal “Ask”. They should know how to be confident and composed while putting forward the proposal.

The nonprofit making organization is as strong as its board of directors. So proper steps to ensure their capabilities, regarding fundraising, should be taken. This will benefit the organization in the future to endure any challenges and keep moving forward in order to bring a positive change. Proper training for fundraising, making offers and proposals, connecting and seeking prospective funders etc. should be taken by the board members.  All these traits should be practiced by them in the course of duty to prove beneficial for the nonprofit organization. 

Writing a grant proposal is a challenging task. It’s very specific and requires thorough research and a strong background in fundraising, as well as grant and fund development. It’s therefore wise for any organization to consult a grant writer when sourcing for funding.

What is gained by hiring a professional grant writer?

Knowledge & Experience 
They have the expertise and experience in developing grant proposals that have actually been awarded. They will do ample research in your field or area of interest and create a grant proposal that is unique to your organization, and one that is guaranteed to have a higher chance of receiving a positive response.

Credentials 
Grant writers have the education, experience, and level of success required to perform well.

A Different Perspective 
Grant writing consultants bring a new perspective to your projects and ideas.  They’ll also diagnose the issues that may be preventing you from securing grant funding.

Resources 
Grant writers often work with multiple agencies and organizations. They also have archives full of resources and even subscribe to multiple databases to ensure that they have access to information on every known funding source possible.

Efficiency 
Successful Grant writers have developed proven systems that enable them to succeed time and time again. These systems make forth an efficient process that would take ordinary staff years to develop.

Cost Effective 
Hiring a grant writer is an economical move for your organization. They’ll save on overhead costs that come from hiring new staff. They’ll  will also alleviate your budget by assisting in areas where their help is most needed – be it managing an entire proposal process, assisting with only one proposal section, or reviewing a proposal prior to submission,

There are limited of grants available for organizations, and competition can be fierce.  By choosing to hire professional grant writers, you can improve your organization’s competitive edge when competing for grant funding. 


 

In the nonprofit world, finding sponsors who will support your cause and rally behind you can be a challenge, particularly for those who rely upon sponsors for a portion of annual revenues.  And, to compound matters further, once a sponsor is obtained, that person or entity must also be retained.  The question for many nonprofits is, where can we find sponsors?

Perhaps the first step in partnering with a sponsor is understanding the types of sponsors out there.  Individual sponsors tend to be wealthy or famous people who donate their time, money, and/or support to a particular cause or organization.  Corporate sponsorship involves a business or company throwing its weight behind a particular nonprofit, usually in the form of financial contributions.  

Before beginning the process of actively seeking sponsorship, it’s critical for your nonprofit to engage in some self-evaluation.  First, assess your organization’s sponsorship needs.  Are you looking only for financial contributions, or would media attention be welcome? Do you want a sponsor who can increase volunteer numbers or provide you with the resources necessary to employ the right people?  Knowing this in advance will enable you to refine your plan of action for obtaining sponsorship.

Next, brainstorm ideas for how your organization can give back to its sponsor.  Perhaps a publicity event to generate attention or a prominent place on your website would be in order.  If dealing with multiple-level sponsorships, offering incentives (such as membership, swag, etc.) based on dollars given is a method for garnering interest in your organization.

Once you’ve identified the types of sponsors you’d like to partner with, the next step is actually finding these sponsors.  A good place to begin is to research companies and/or individuals who support a cause similar to yours.  Checking with your board of directors to see if they have any networking contacts is also an important early step. You may also wish to engage in an advertising campaign to generate wide attention or resort to cold calling to help find potential sponsors.  Some organizations hire consultants to seek out sponsors.  Another idea is to set up a co-sponsorship program with another nonprofit by exchanging ideas and promoting each other.

Whatever method you choose to find sponsorship, though, it’s important that you have in place information about your organization and why a prospective sponsor would be well-served in partnering with you.  Financials, employment stats, accomplishments and other pertinent information should all be included in materials sent to help persuade a sponsor to come on board.  Additionally, you’ll want to be able to demonstrate how you plan to use the assets a sponsor may wish to donate.  A plan for any funds donated should be clearly outlined; if your sponsor plans to advertise a public event, be sure to have specific goals in place (like how many new members you’d like to acquire or the number of dollars you’d like this event to raise, etc.).

Lastly, when you’ve successfully landed your first sponsor, keep in touch.  Make sure that the company or individual knows about your organization’s future plans and has a voice at the table (if appropriate).  A long-term partnership will likely be more lucrative and less expensive for your organization than constantly seeking new sponsors.

It’s no secret that nonprofits these days are generally struggling to find the resources necessary to remain afloat.  The economic recession has not only reduced the number and amount of donations nonprofits receive, but also increased the demand for nonprofit services.  To generate revenue and ease reliance on donors for sustainability, grant writing has quickly become a more vital tool in many nonprofits’ fund-raising arsenal than ever before.

Grant writing is a general term used to describe the process of writing applications for funding allocated for a specific use or purpose.  Often grants are furnished by the government, with $137 billion paid to nonprofits for services by the government in 2012 alone. Businesses and private foundations also endow substantial amounts to aid nonprofit work.  In 2012, non-governmental agencies contributed an estimated $316 billion to nonprofits nationwide.

Types of Funding
To write a successful grant, the first step is to identify the agency offering the funds so that the application can be appropriately shaped.  Government funding is completely different from private funding and entails a specific process of finding available grants, ensuring your company or client meets the qualifications for the grant, and writing a painstakingly precise application for consideration.

Federal funding sources can be local, state-issued, or federal. To find a grant suitable for your needs, begin on the local level as competition tends to be less fierce.  This is especially true if your organization contributes regularly to or is highly involved with its community.  State grants tend to focus on improving government services or filling
government needs; if your organization offers a public service, state grants may be your best bet.  Federal grants are available for a slew of various purposes but also widely sought-after. 

Private grants are not restricted by red tape as government grants, so they might be a better fit for your organization’s needs.  However, the requirements for each private grant are as diverse as the grants themselves and will likely require a fair amount of customization to ensure that your organization has a chance to succeed.

Tips for Success

A good strategy to utilize once you’ve found a grant that you believe is a good fit for your purpose is to see if you can locate past recipients of the grant.  This allows you to analyze that organization’s similarities with your own and ascertain your chances of funding success. Determine if the organization that won serves a similar audience, accomplishes a similar goal, of has obtained similar results.  

When presenting information about your organization, use tangible, measurable data that clearly demonstrates past achievements and establishes a path for future ones.  Any budgetary data should be well-laid out so that reviewers can easily see and understand your organization’s financial situation.  Your plans for the grant funds should also be
delineated.

Finally, be sure that your organization truly qualifies for the target grant.  It’s better to expend energy applying for five grants well-suited to your organization than 50 grants for which your organization does not qualify.  Focusing on a smaller number of applications allows for a greater chance of success and enables you to wisely invest your time and resources without getting burnt out during the process.

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Khan Consulting LLC is your one stop shop to assist your organization in acquiring funds. Let us “write for you”.