Grantwriting for Credit Union Leagues
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Grantwriting for Credit Union Leagues
- 1. Grantwriting for Credit Union Leagues Megan E. McNally [email_address]
- 3. Landscape Nonprofit Sector (2005) All nonprofits………………...……………………….. 1.4 million Reporting nonprofits……………………………………………… 530,376 Revenues……………………………………………………$1.6 trillion Expenses……………………………………………………. $1.4 trillion Assets……………………………………….………………… $3.4 trillion Public charities, 501(c)(3)………………………………………. 876,164 Reporting public charities…………………………………….. 310,368 Revenues……………………………………………………$1.1 trillion Expenses…………………………..………………………… $1.1 trillion Assets…………………………………………………..………$1.98 trillion
- 4. Landscape Credit Union Leagues Source: National Center for Charitable Statistics search of IRS records, July 2009 $245,552,526 $101,243,532 45 133 Total $10,337,947 $5,096,075 3 4 501(c)(14) $108,247 $2,684,454 1 2 501(c)(9) $235,106,332 $93,463,003 41 127 501(c)(6) Assets Revenues Active Total IRC exemption
- 6. Landscape Nonprofit Revenues (2005)
- 7. Landscape 2008 Charitable Giving = $307.65 Billion
- 15. Grantseeking Research & Validate Leverage Highest Link Stewardship/ Manage Relationship Report Acknowledge Site Visit/ Due Diligence Proposal/ Application LOI/ Concept or Introduction
- 18. Grantseeking
- 19. Grantseeking
- 28. Grantseeking Tools, like logic models, help organize the writing:
- 29. Grantseeking
- 30. Grantseeking
- 35. Grantseeking Budget Example: Funder’s Grant Delineated From Other Funds
- 36. Grantseeking Budget Example : Multi-Year Roll-Up Without Funds Delineated
- 37. Grantseeking Common Supporting Document Requested Are key staff experienced for the work? Key Staff Bios Who governs and leads? What is their experience, connection, expertise? Are you in good hands? Board Roster Do you have what you need for the work you do? Relevant Licenses/ dependent upon area of work Are you running a legitimate business? Articles of Incorporation Are you tax exempt? Can they fund you? IRS Determination Letter Who supports you? Do those closest to you? Donor/ Funder List Are your stories the same? What’s the balance of program v. admin expenses? Form 990 Are books consistently reviewed, and is there evidence of smart fiscal management? Audited financials and/or recent statements (P&L/ Asset) Is the project aligned? Can the org support it? Organizational budget What The Funder Wants To Know: What You Are Asked For:
- 47. Public Funding
- 48. Public Funding
- 52. Thank You. Megan E. McNally [email_address]
Hinweis der Redaktion
- Source: Nonprofit Almanac 2008
- Source: Nonprofit Almanac 2008
- Source: Nonprofit Almanac 2008
- Sector Wide for all nonprofits
- Charitable giving specifically – most likely to 501c3
- Charitable giving specifically – most likely to 501c3
- Explain what we mean by top down inside out… Then: This applies both to BORROWING money and to RAISING MONEY
- Typically IRC rules stricter for private foundations – regulations ensure people don’t avoid tax responsibility ultimately to benefit themselves, their businesses or friends.. The tax benefit exists b/c of the exchange: high expectation they’ll do public, charitable good. Over simplified: If endowed, must pay out 5% every year Although some new rules governing things like SUPPORTING ORGANIZATIONS and DONOR ADVISED FUNDS make life trickier these days… Why this matters: Grantseeking is about making an authentic connection between the organization WITH resources and the organization that can put those resources to work – you need to know WHO the organization is you want funds from
- Alignment with priorities also means alignment with the funder’s resources: Request should be appropriate to funder’s ability (ie, if they only have $100k to give away, don’t ask for $125k!) Understand what they want to know and provide it to them
- IF YOU REMEMBER ONLY ONE THING FROM THIS SESSION, THIS IS WHAT I HOPE IT IS: GRANTMAKERS EXIST FOR SOME CHARITABLE PURPOSE: THERE IS SOMETHING THEY SEEK TO ACHIEVE. THEY ARE RARELY RANDOM OR TOTALLY ARBITRARY. EFFECTIVE GRANTSEEKING IS ABOUT FINDING FUNDERS WHOSE PRIORITIES ARE THE SAME AS YOURS, AND MAKING AN AUTHENTIC CONNECTION. UNDERSTAND WHAT IT IS THEY ARE TRYING TO DO, AND THEN SHOW THEM HOW YOUR WORK HELPS THEM ACHIEVE IT. If you’re work doesn’t help them fulfill their mission, they rarely can or will fund you. Not having this alignment is the number one reason grantmakers say they reject proposals… no matter how great the proposal is, if the work doesn’t align with the funder can do and seeks to do, it won’t get funded. Here’s the other thing about alignment: Don’t just think of funders as ATMs . . . . The stronger the alignment, the more likely a funder is to be a potential partner and collaborator. They can make connections, introductions, open doors, introduce you to others doing similar or complementary work.
- Always provide what the funder requests. This is a list of things you can commonly expect. If a funder doesn’t specify, these are the basic things I would include. Other Tips: Don’t be cute/ don’t use uneccessary graphics/ be professional Cite evidence properly/ substantiate claims Don’t use superlatives/ demonstrate your knowledge of the field and your unique position in the field Budgets: No right cost or wrong cost; what matters is that you understand the cost PER OUTCOME and can justify it
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- Style & Language Don’t be too creative – should look like a professional business document Don’t use too many fonts: one serif and one sans serif Highlight section breaks clearly Use bullets appropriately Avoid run-on sentences Never use jargon without explaining/defining words Always spell out acronyms first, showing acronym parenthetically the first time it appears Graphics only that clarify or highlight a point – not to be cute (ie, a graph or a quote, but not a cartoon) Don’t use contractions Use appropriate citations & consistency in footnotes or endnotes Pay attention to any funder specifications about page numbers and line spacing. If not specified, 1” margins and 1.5 spacing are easiest to read.
- $787 Billion