'Grant writing' as the name suggests is the writing of a grant in
order to raise grant or funds for one's organization or project. Many a
non-profit or individual organizations rely on these grants to run their
work. There are several types of grants and the reasons for taking
them. Such reasons depend on the need of the organization seeking the
grant.
Reasons and Types of funds:
Some organizations seek
funds to operate their organization successfully. This sort of fund is
known as operating money. The operating fund can be granted by a
foundation
grant, a corporate grant, a direct mail campaign, or interest from an endowment.
Then
there are funds for special projects, which include undertaking a new
project, expansion of existing project/s, etc. The government,
corporations, foundations etc. are ready to grant money for this cause.
Besides this there are capacity seeking funds meant to enhance staff,
financial ability of a company; capacity funds which should be sought
for in cases of renovations of buildings, making a new building etc.
Here again money can be taken from corporations, government agencies,
foundations and can also be raised through a significant gift campaign.
Endowments are slightly different kinds of funds.
They are those grants which are often given as long term gifts to certain organizations.
Government a reliable and evergreen source:
Government
is the best source to look for grants for any purpose. Statistics
reveal that government provides more than $ 350 billion grants annually.
Government provides funds in various forms. For instance there are
direct grants meant for nonprofit or individual organizations. There is
immense competition to take the 'direct grants'. Many organizations
apply every year through their proposals and letters. Similar to this
there are 'competitive grants'. Organizations compete for a single share
of this grant. The 'pass through' grants are relatively less
competitive since they are confined to any state. The money for pass
through grants is given by the federal government to the individual
states for distribution. The organizations seeking grants can apply for
it in the state agency. The government also provides 'project funds'
for a specified period of time.
The entire information can be collected via CDFA i.e. the Catalog of
Federal Domestic Assistance which splits government grants into 20
primary categories. It includes almost all the significant details from
the name of the grant distributing agency to the eligibility plus
evaluation criterion and the documentation required. CDFA also provides
with a list of its past funded organizations and their respective
objectives.
The Writing Matters:
At the end of the day what
matters is the kind of proposal a loan seeking organization sends to the
government or any funding agency. The proposal should be such that it
clearly brings out the needs and objectives of the organization. An
effective proposal acts as a mirror of the organization's desires and
the goals that it seeks to achieve. The more impressive a proposal is
the greater are the chances of getting a good amount of grant. So while
writing a grant proposal some vital points should be kept in mind.
There
are two types of letters in this case- the letter of intent, which is a
brief summary of the project and the aims desired to be achieved
through it. The needs of the grant seeker must be specifically
highlighted along with the manner in which these funds will fulfill
these needs. Second is the letter of proposal, which delineates the
entire project and the requirements, which are to be met by the funds.
This letter how so ever long should not be devoid of a cover letter, a
proposal summary, nearly ten pages of proposal text, the objectives and
goals decided and appendices providing more details of the project.
Any
agency or government granting the loan has particular criteria to
select the organization and the amount of grant to be given like
interviews, observation, past record and the like. However a proposal
can be too helpful in providing an impetus to these later activities.
If
you are looking forward to a grant then don't hesitate in doing to slog
for a little hard work done now will bear incredible benefits in the
future..
Source
Government Grant Writing for Beginners
Posted by CB Blogger
Blog, Updated at: 9:01 AM
