|
Dear “Give ‘em what they want” Colleague,
We
are responding to a request by readers to focus an issue of on the
go eTA on foundations.
According to 2006 Giving USA, private foundations give only 12%
of all U.S. charitable support to nonprofits. Competition for foundation
funding remains fierce especially since the primary mission of private
foundations is to give away money. Prior to joining the proposal
frenzy, it may be useful to understand how the foundation community
intersects with your program needs. Use these tips by clicking on
the titles on the right.
Is
Foundation Funding Right for Your
Program Need?
Foundation Distinctions
“Give ‘Em What They Want "
Do
you have questions about proposals and foundations? Contact us through
LEADline@CampaignConsultation.com
Access
previous issues of On-the-Go eTA by clicking on the title at the
right.
Let
us know
Do
you have insights to share about proposals and foundations?
Contact
us at LEADline@CampaignConsultation.com
(LEADline
is sponsored by the Corporation for National and Community Service
through its Resource & Fund Development Initiative.) We would
be happy to answer questions or to give you more support.
Thank you for your interest in On-The-Go eTA. We encourage you to
send
this and other issues of OTG eTA to friends and colleagues
who would benefit from the information. Also, if you’re on
information-overload, you may request email
removal. Otherwise OTG e-TA will be back
soon with another edition.

Is
Foundation Funding Right for Your Program Need?
Before you send a proposal, determine if foundation support is right
for your program need. A self-directed learning tool has been developed
as a GIZMO (Giving Information for Zooming Money Objectives) for
CNCS called the “Sources of Giving”. Many colleagues
are using the wall chart to help volunteer fundraising leaders understand
the pluses and minuses of the myriad sources of contributions and
then applying that information to the most appropriate fundraising
methodology – i.e., direct mail, special events, foundations,
etc. The advantages and challenges of private foundation funding
are shown below.
Foundations
Distinctions
Read
the following foundation descriptions to assist you in researching
and soliciting the appropriate foundation for your program need.
Private
foundations
Private foundations exist to give away money. They are required
to distribute at least 5% of the average market value of their investment
assets in every fiscal year by the end of the following year. Private
foundations receive most funds from one source, usually an individual
or a family. Think Carnegie or Ford.
Public foundations
Public
foundations are nongovernmental public charities that operate grants
programs benefiting unrelated organizations or individuals as one
of its primary purposes. Increasingly, public foundations are being
established to receive funds and make grants for populations with
special needs, for specific subject areas, or around other non-geographic
communities of interest. Think community foundations.
Operating
Foundations
Operating Foundations exist to support one cause or organization
only and are not open to receiving proposals. They are basically
the fundraising arm of an organization. Think Fund for Educational
Excellence which supports public school system, or a university
foundation such as the Georgia Tech Foundation, Inc.
For
more information on any of these foundations, use
Form 990-PF for valuable information on grant giving, grant receiving,
finances, board members, etc. The Form 990-PF is available to view
for free at www.guidestar.org.

Corporate
Foundations
Companies are not required to give away any funds. Corporations
may create a separate foundation out of a one-time company gift
or they may continue to support the foundation through multiple
gifts. A company-sponsored foundation is subject to the same IRS
rules as a private foundation and has its own governing board of
trustees.

Give
'Em What They Want
Once
you’ve decided that foundation funding is appropriate for
your program need and you’ve selected the type of foundation
to research, give foundations the information they require in the
format they request.
Some private foundations, especially small family foundations, will
require only a letter stating the amount you need and how you intend
to use the money. Almost all foundations designate a certain time
of year when they accept proposals and will tell you when you can
expect to hear from them. Other foundations present detailed instructions,
such as how many pages to include in your narrative, what supporting
documentation is required, how many proposal copies to submit, etc.
Read the guidelines very carefully and follow them exactly to remain
competitive and have your proposal continue along the
consideration process.
Foundation leaders also appreciate relationship and prior, personal
knowledge of a potential grantee. If you anticipate that you may
be soliciting a private foundation, place their address on your
newsletter, e-bulletin, etc. mailing lists. Put yourself in their
path and become acquainted by attending meetings, receptions, fundraisers,
etc. where foundation leaders may be present. Offer your subject
expertise as an information resource to foundation program officers
to make their work easier on other grants. Request the advice and
help of your volunteer fundraising leaders and their relationships
with foundation executives to intercede on your program’s
behalf.
Click
here to download a sample Common Grant Application Form
from the National Network of Grantmakers. You can also
research what foundations fund and how they match up with your program
needs through The Foundation Center at www.foundationcenter.org.,
usually free of charge at regional libraries. In addition, Campaign
Consultation will research select foundations free of charge through
LEADline@CampaignConsultation.com

Let
us know
Do
you have insights to share about brochures, newsletters and websites?
Contact
us at LEADline@CampaignConsultation.com
(LEADline
is sponsored by the Corporation for National and Community Service
through its Resource & Fund Development Initiative.) We would
be happy to answer questions or to give you more support.
Thank you for your interest in On-The-Go eTA, a service of Campaign
Consultation, Inc., a national provider of training and technical
assistance for the Resource & Fund Development Initiative of
the Corporation for National and Community Service. We encourage
you to send
this and other issues of OTG eTA to friends and colleagues
who would benefit from the information. Also, if you’re on
information-overload, you may request email
removal. Otherwise OTG e-TA will be back
soon with another edition.

|