Get Grant Ready!

By Renee Simpson, Owner of Simpson Nonprofit Services

Securing grant funding can feel daunting, but it's entirely achievable with thoughtful preparation and a solid plan. Before diving into the grant application process, assessing your organization's readiness is essential. Your team should be prepared to tackle grant writing, manage the reporting process, and provide the infrastructure needed to support your project at every stage. Taking the following steps can make all the difference in the competitive grant process. 

Begin by researching potential grant opportunities that align with your mission and goals. When possible, take the time to build relationships with potential grantors and show your impact and commitment to addressing critical community needs. The ability to highlight your expertise and experience and the impact your work has already made in the community will help build confidence with grantors and position you as a trustworthy and capable partner. 

Double-check that your project idea aligns with at least one of the funder's priorities and fits with your organization's mission. Keep in mind that many funders prioritize a strong and clear project purpose with measurable goals, the inclusion of community voices, and project sustainability. Be sure to research the specific eligibility requirements in the guidelines for each government, foundation, or corporate grant. Without meeting the requirements, your application will be disqualified, no matter how noble your mission or how well-written your proposal.

Consider hiring a contractual grant professional to offer expertise and guidance in refining and strengthening your grant proposal, while ensuring you meet proposal and reporting deadlines.

Grant applications often require extensive documentation. Gather the following key documents:

• IRS Letter of Determination

• Board of Directors List

• IRS 990 Tax Return

• Audited Financial Statements or Audit Review

• Operating Budget

• Year-end Financial Statement or Budget to Actuals

  
  

Depending on the grantor, you may also need:

• Annual Report

• Strategic Plan

• Organization Chart

• Letters of Support

• Staff Resumes and Bios of Key Personnel

• Memorandum of Understanding (if partnering with other organizations)

• Vendor Quotes

Register for a DUNS number and SAM when applying for federal grants and initiate the process early to allow time for confirmation.

Standing out in the competitive grant application pool requires careful preparation and strategic planning. By evaluating your organization’s readiness, gathering the necessary information and documents, and consulting with an expert in the field, you’ll be set up for success, ultimately enabling you to make a lasting impact in your community!