Depending on the requirements of your funder, you’ll most likely have to file a detailed report about your financials, along with an evaluation of the funded program. Although grant reporting can be a valuable tool for growth, this crucial component of the funding cycle often causes sticking points for both nonprofits and funders.
You spent hours upon hours researching, preparing, and writing what your team knows is the perfect grant proposal — a proposal that meets each one of the foundation’s guidelines. Why wouldn’t it accept your proposal after all your hard work? But when you read on, your heart sinks.
Fundraising and donations are key components of any nonprofit’s development plan, but those strategies alone often won’t cover everything your organization wants to accomplish. That’s where grants come in.
Whether you’re a brand new nonprofit or your development team is growing fast, the pressures of grant writing mean development staff members nearly always feel the pinch of their deadlines.
By establishing best practices for proposal writing, you’ll not only improve the success rate of your grant proposals, but you’ll also establish teamwork norms that positively impact your entire staff. Think better prospecting, healthier relationships with donors and board members, and open communication between program and development staff. (Sounds nice, right?)