Undoubtedly, your foundation is equipped with the staff, tools, and expertise to make strategic grants, and maximize your impact. However, sometimes it really helps to bring in some outside assistance – especially when it comes to technology. Maybe you need help with selection and implementation, cloud computing and security, or CRM customization. Hiring a tech consultant allows you to get ahead of your tech to-do list and free up your time to work toward your mission.
Nonprofits are often forced into a “grantseekers dilemma.” For example, sometimes an organization applies for a grant that requires a certain kind of capacity, knowing they don’t have it, but hoping that with funding they can obtain it. It’s a lose-lose, for both funder and grantseeker, and reveals the critical importance of capacity building grants for effective nonprofits.
Grantmaking organizations manage billions of dollars of funding every year. The importance of maximizing the power of technology can’t be underestimated. Remarkably, most foundations lack a strategic technology plan that aligns with their mission, initiatives, and foundationwide strategy — even though it’s vital to reaching their goals.
In fact, according to a 2014 Technology Affinity Group (TAG) survey, a mere 23 percent of respondents said they have a technology plan that has been updated within the past two years. An additional 15 percent said they have a plan, but it hasn’t been updated, which means it isn’t keeping up with rapidly advancing technology. The most troubling statistic is the 62 percent of respondents who don't have a technology plan at all.
Many nonprofits struggle under the weight of grantee burden. Any unnecessary hoops that grantees are forced to jump through only serve to stifle the impact that they (and their funders) seek to achieve. As a funder, any time you can minimize the amount of time, effort, and money that nonprofits spend seeking and receiving grants, you increase their capacity to focus on what they do best – their mission-related work.
The role of grants manager has evolved in recent years from primarily executing the foundation’s overall grant efforts to managing critical data that have the power to make a much broader impact across the organization.
But are you – a grants manager – ready to be your foundation’s data expert?
Whether you call it “all hands on deck” or “all oars in the water,” it has always made sense to me that we employ all the tools at our disposal to stanch the flow of intractable problems we face as a society.
If you think your foundation is too small to warrant a grants management solution, think again.
More grantmakers are using grants management software than ever before. In fact, the number of users has grown 66 percent since 2013, according to Idealware’s 2016 Consumer’s Guide to Grants Management Systems.
Grants management software is an investment, no doubt about it. But like all good investments, you should expect positive returns.
And we’re here to tell you: Adopting grants management software is one of the smartest investments you’ll make for your foundation.