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But what if your organization has successfully relied on donations and fundraisers for many years? The Funding Models: Grant Funding, Fundraising, and Corporate Partnerships Two of the most popular methods of revenue generation for nonprofits are grant funding and fundraising activities.
We handle funder site visits, write reports, spend the money, account for said money correctly, and ensure everything we promised in that grant application is delivered on time and managed on budget. Then we do it again. And the whole time we do this, we educate our bosses, boards, and colleagues that: No, money does not grow on trees.
And while having an official grant writer on staff is not a prerequisite to receiving grant funds, it is difficult to juggle the rules and regulations, deadlines, and application requirements on top of your typical workday duties when you are fighting fires, shaping young minds, running programs, balancing the budget, or leading your community.
Let me count thy ways: Grant programs are listed in the appropriations act of each federal department as part of the annual budget process. Our friends at grants.gov have created a FREE central clearing house for grant prospectresearch related to federal grants – both current and days gone by.
It can also help individuals make more informed decisions when they write grant proposals, as it will give them a deeper understanding of advanced grant development in areas such as prospectresearch, project design, proposal narrative and advanced grant development.
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