FINDING AND WINNING PRIVATE MONEY Holly Mahoney UTA

FINDING AND WINNING PRIVATE MONEY $ Holly Mahoney UTA Grants Development Specialist

Finding and Winning Private Money $ WHAT YOU SHOULD KNOW v Where to find private money v What you need to know about foundation/corporate grantmaking v How to apply

Finding and Winning Private Money $ SHOW ME THE MONEY! RESEARCH v Foundations v Corporate giving National Regional Local Look at what’s around you. By area of Interest

Finding and Winning Private Money $ FOUNDATION RESOURCES v Look Local First Utah Nonprofit Association DWS Newsletter Utah Foundations on the web v Regional and National Databases Foundations Directory Grantsmanship Center Grantwatch. com

Finding and Winning Private Money $ Division of Workforce Services Newsletter www. housing. utah. gov/housing/ publications/newsletters. html

Finding and Winning Private Money $ SEARCHABLE DATABASES v Foundations Directory Subscription Available in local libraries Salt Lake City Library, UW of Northern Utah, Grand County Library, Dixie State and SUU v Other Databases and Websites Grantwatch. com Fundsnetservices. com The Grantsmanship Center

Finding and Winning Private Money $ CORPORATE GIVING v What companies are in your community Corporate headquarters Local small businesses v Are there National or Regional businesses in your community Wal-Mart Lowes/Home Depot

Finding and Winning Private Money $ HOW DO I FIND OUT? v Corporate/Company websites Corporate responsibility Community engagement v Online resources Committee Encouraging Corporate Philanthropy www. cecp. co BBB of Utah www. bbb. org/utah

Finding and Winning Private Money $ HOW IS PRIVATE FUNDING DIFFERENT v Process Foundations have a 2 step process Letter of Interest/inquiry/intent Full Application v Funding Time Tables LOIs Unsolicited (scheduled or ongoing) Only Solicited

Finding and Winning Private Money $ FOUNDATIONS AND CORPORATIONS v Mission What are their goals Website descriptions Past grantees v What Grants are funded Types Operating Capital Start-up or capacity building Amounts Limits? Average grant size?

Finding and Winning Private Money $ CORPORATE GIVING v Sponsorships v In Kind donations v Specific Campaigns v Why corporations give Build good will (PR) Employee morale Give back to community Advance a cause

Finding and Winning Private Money $ HOW DO I GET FUNDED v Application process v Keys to a successful proposal v The importance of relationships

Finding and Winning Private Money $ THE APPLICATION PROCESS v Does the grant fit your project Does your project fit the mission of the foundation or corporation v LOI Follow the requirements of the funder Length 1 -3 pages Answer all questions – follow directions Be clear, be concise, be brief Who, What, When, Where and How

Finding and Winning Private Money $ THE FULL PROPOSAL v Summary A brief overview of the entire proposal Write this last Make it interesting, catch the funder’s interest v Introduce your organization Mission, History, What you do Describe the need/problem Describe your project Budget How will you show success

Finding and Winning Private Money $ KEYS TO SUCCESS Follow the instructions completely Be positive Tell them what you do, focus on your impact Be factual and specific Use plain English Use valid data Budget- Be specific and detailed How will the funder’s money be used What other resources do you have—match, partners Measurable results

Finding and Winning Private Money $ ADDITIONAL RESOURCES

Finding and Winning Private Money $ General Grant Making Resources: Training The Foundation Center: http: //foundationcenter. org/ https: //www. youtube. com/user/Grantsmanship Grant Space, a sister site of the Foundation Center: http: //grantspace. org/ Grant Professional Association: http: //www. grantprofessionals. org/ http: //www. fundraising 123. org/ http: //www 1. networkforgood. org/ https: //www. youtube. com/watch? v=By. QRri_LTUE The Grantsmanship Center: http: //www. tgci. com/ Finding Grantmakers Funders Network: http: //www. fundersnetwork. org/ http: //www. nonprofitexpert. com/utah-foundationsweb/ Guidestar: http: //www. guidestar. org/ Society for Non-Profits: https: //www. snpo. org/assoc/ http: //www. fundsnetservices. com/ http: //www. grantwatch. com/ Utah Nonprofits Association: www. utahnonprofits. org http: //www 2. ed. gov/about/offices/list/ope/fipse/st eps. html Waddy Thompson Grant Writing Resources http: //www. grantadviser. com/index. html Examples: http: //www. npguides. org/guide/index. html http: //grantspace. org/tools/sample-documents

Finding and Winning Private Money $ THANK YOU Holly Mahoney hmahoney@rideuta. com