Posts Tagged "501(c)(3)"

Building Virtual Trust to Win Grants

Building Virtual Trust to Win Grants

Build Virtual Trust to Win Grants Building trust is key to fundraising, grant seeking, partnerships and client services. is important, including grant seeking.   Building virtual trust is an essential element to building trust for your organization. Our world is wired to share information and build our reputations. Your reputation as an agency, as a board, as a program, and as a professional can impact the organization’s ability to secure funding. Building your online reputation and online relationships is vital to your organization’s reputation and you will increase your fundraising and grant seeking success. Grantors and donors feel entitled to having your…read more →

4 Reasons  You Want to Check Your Bylaws

4 Reasons You Want to Check Your Bylaws

Why do you want to invest time and energy in your Nonprofit Bylaws?   You want smooth operations  You value transparency and accountability  You do what is required  You want protection & clarity    1. Your Operating Manual Bylaws serve as an operating manual for your organization.  Your organization Bylaws address the principles, frameworks and, in some cases, policies for the overall governance of the organization.  Bylaws do not address the day-to-day operations details that the executive directors and employees oversee.  Bylaws often contain key policies regarding conflicts of interest and duties of loyalty. They are intended to be a…read more →

Can I Get a Guarantee that I Will Get the Grant?

Can I Get a Guarantee that I Will Get the Grant?

Why Would an Organization Pay a Grant Writer without an “Award Guarantee”? I’ve been asked this type question many times. Recently, I came across an excellent response by Michael Wells, owner of Grants Northwest. ”What kind of organization would hire a lawyer without assurances they'll win their case?  What kind of person will hire a surgeon without assurances the surgery will be successful?  What kind of person would hire a financial consultant without assurances they'll make money? People and organizations hire professionals on expectations of increasing their odds of success, not guarantees. I think this is true of anything in…read more →

Grant Ready, Set, Go!

Grant Ready, Set, Go!

Grant Ready, Set, Go!     Organizations big and small come to us to find grant resources and prepare proposals.  They come with great ideas and amazing projects, and before we can go forward with a grant application we find out if they are ‘Grant Ready’.    What does it mean to be ‘Grant Ready’ One of the most effective ways you can increase your success rate with grants is to be ready to apply for a grant.   Of course, this sounds obvious! However, being grant ready is an ongoing process that requires an investment of time and resources which…read more →

“Not-for-Profit” vs. “Nonprofit” – What is the Difference When it Comes to Grants?

“Not-for-Profit” vs. “Nonprofit” – What is the Difference When it Comes to Grants?

  These terms are used every day interchangeably but, there can be some subtle and legal distinctions that can make a difference in grant eligibility.  Technically, in most cases, there is no significant difference between these two terms. Most State corporation statutes use both terms within the same statute. However, the IRS uses the term “not-for-profit” as an activity, such as, a hobby (like crafting). The term Nonprofit is used to describe a nonprofit corporation that has been established for purposes other than making a profit, not necessarily a charitable organization, and has been granted tax-exempt status.   As a…read more →