Unfortunately, there’s no definitive game plan for grantmakers. “The how of grantmaking,” as PEAK Grantmaking calls it, is many times a learn-on-the-fly endeavor, with systems, processes, and best practices handed down from one grants manager or program officer to the next. But sometimes best practices get lost in translation or dropped altogether.
That’s why we’ve gathered what we feel represents the best practices that are common among all effective grantmakers. And while it is true that your foundation has a unique way of managing the grantmaking process, we’ve uncovered tribal knowledge – broken down into three key steps – that you can employ to improve your efficiency and effectiveness.