The following is a portion of our June 2014 Grant Ready post on Grantchat.org Link to full article.
Are You Grant Ready?
You are a Do Good organization! You have an amazing program, great staff, super-human volunteers and you serve a community in need – all you need is a grant! Right?
You’ve got that proverbial ball rolling! On your way to doing good you stop by your grant professional's office or call a consultant to keep it rolling; but when they ask you about annual reports, audits, IRS documents, needs assessments….all that ‘rolling’ feels like it comes to a screeching halt. We are here to help keep that ball rolling.
As a start-up nonprofit or a long-standing government agency, you may wonder,
Why should we invest resources to become ‘Grant Ready’ – when what we really need are grants – now?”
The answer is simple; grants are highly competitive. Organizations increase their probability of being awarded funding when they are prepared to compete. There are many steps you can take before the grant opportunity is open to put you in a better place to win the award. To be effective in seeking funding you have to be prepared with a strong project design and know what you offer the potential funder.
In Grant Ready, Set, Go! I provided 4 Elements to getting grant ready – T.I.P.S. for Grant Readiness: 1) Tracking 2) Information 3) Partners and 4) Strategy.
This past week, we asked the #GrantChat community what they think about Getting Grant Ready and they gave us some gems! You can find the rest of this post and links to more tips and tools here.