Getting the funding to grow a nonprofit can take time and effort. However, creating multiple income streams can help stabilize your finances and establish a successful foundation. One of these is grants.
How to find grant funding for nonprofits
Unlike loans, grants do not have to be paid back. They have a few strings attached that you must follow once the grant has been awarded.
Grants can be substantial, which means they can provide you with many resources for various tasks, such as planning events and budgeting.
Getting a grant can boost your organization’s credibility and attract more media attention.
Before applying for a grant, you must first find out about the various opportunities available to your nonprofit. The grant criteria will depend on your organization’s mission, location, and associations.
Write your nonprofit’s mission statement to help you define its goals. This will help you communicate what your organization’s objective is.
Some foundations provide grants to organizations focused on specific environmental or healthcare issues.
Your mission statement should also include details about how your organization will be categorized and how it will address a specific problem.
Community foundations often provide grants to organizations in certain regions. For instance, they may give grants to city, county, or state groups.
In addition to the location, community foundations consider another important factor when choosing grant recipients is the group’s size and mission.
Another type of grant that a community foundation can give is to groups focused on similar principles. Usually, these grants focus on religious, cultural, or educational groups. For instance, a community foundation may assist groups focused solely on Jewish values.
These three guides will help you find grant terms you can use in your search.
Start by going to Grants.gov, a website that provides information about federal grants for nonprofits. It also has a mobile app that can help you find grant opportunities.
The Grants Learning Center can also help you learn more about the various aspects of a grant, such as its eligibility and policies.
Another great resource is GrantWatch, a website with over 6,000 grant opportunities from various funding sources, including corporations, foundations, and state and federal governments.
Another great resource is Instrumentl, a platform that allows users to track, research, and discover grant opportunities. This platform enables users to search for grants based on location and focus area. It also allows users to browse various foundations by their total giving and category.
Another excellent resource for grant searches is Grantli, which provides users with various tools and resources. This website mainly focuses on educational courses. It also lists state resources, government offices, funding opportunities, and other resources.
Another resource you can use to search for grants is Candid, a well-known website with a list of celebrities and prominent individuals.
The Foundation Center, Guidestar, Fund Director Online, GrantCraft, and Funding Information Network are all under one roof on the Candid platform.