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   Grant Writing found in Money & Business  :  Business Skills A   A   A
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Grant Writing
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It pays to have a way with words.
 
Grant writing is the pathway to billions of dollars that the federal government, state agencies, corporations, and foundations set aside for education, research, community initiatives, and more. Fund your organization’s objectives by learning:
  • What types of groups award grants, and how to find them
  • How to prepare a letter of inquiry prior to submitting a full grant proposal
  • How to research and write an entire grant proposal, from start to finish
 
 
 
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What Is Grant Writing?

Grant writing involves the preparation of a written application or proposal that communicates why an individual, a nonprofit organization, or a business needs funding and why a specific grant-giving institution should meet the need. The array of individuals and organizations who seek grants ranges from students pursuing educational travel and entrepreneurs launching rural businesses to nonprofits expanding services and towns developing conservation programs. Regardless of the topic, the best grant applications and proposals adhere closely to the funding organization’s submission guidelines and amplify the fund seeker’s vision with thorough research, logical organization, and persuasive writing.

Reasons to Apply for Grants

  • Make a difference: Writing successful grant proposals can bring much-needed attention and funding to the causes that you care about most. It can be a powerful tool for effecting change in a particular community or throughout the world.
  • Obtain free money: Unlike a loan, grant money is awarded without requiring the recipient to pay the money back down the road. As long as you follow the guidelines that the granting institution provides regarding proper use of the grant, it’s yours to keep.
  • Diversify: Becoming too dependent on any one source of funding is a recipe for disaster for individuals and organizations. Using grant writing along with pledge drives, annual dinners, and other funding sources provides more financial stability over time.
  • Boost credibility: Winning grant money can help your public image and encourage other organizations and individuals to contribute to your cause. People like to give to an organization that others have deemed worthy of support.
  • Encourage self-discovery: The lengthy, involved grant-writing process forces you to document your mission, challenges, and funding needs in detail. This valuable exercise can help you view yourself and the organization you’re a part of in a new light.
  • Promote accountability: Once you’ve obtained grant money, you are responsible for using it in the manner you described in your grant application or proposal. This requirement helps organizations and individuals follow through with their stated plans rather than use funds for other issues or initiatives that may arise.
  • Expand your network: Grantmakers are often active participants in the communities that they serve. Foundation staff members can become valuable resources for you and help you better serve your constituency.

Who Applies for Grants

Government agencies, corporations, and foundations make thousands of grants available each year for a wide range of applicants. Just a few of the categories of grant seekers who win funding each year include:
  • Nonprofit organizations: Community and faith-based organizations can apply for grants to start women’s business centers, facilitate self-help home-ownership programs, run HIV/AIDS treatment and prevention programs, or accomplish pretty much everything else under the sun that benefits communities.
  • Students: Grants for students include scholarships that cover tuition, room, board, and other necessities, as well as fellowships that encourage scholarly development through research and travel opportunities. Money is available to help undergraduates boost foreign language proficiency, develop new technologies, and pursue a host of other experiences and fields of studies.
  • City, county, and state governments: Municipalities themselves can win grants for initiatives ranging from public safety enhancements to studies measuring racial and ethnic discrimination in healthcare delivery.
  • Small businesses: Though grants for for-profit enterprises are less abundant than grants for nonprofit organizations, small businesses that address problems facing agriculture, host scientific conferences, or launch in underserved urban areas can be eligible for federal aid.
  • Colleges and universities: Institutions of higher education are eligible for grants to support research on everything from the economic impact of cooperatives to border security and immigration issues.
  • Private landowners: Grants are available for private landowners who want to restore wetlands, protect ivory-billed woodpeckers on their property, and so on.

Who Awards Grants

Annually, corporate, private, and government funders award hundreds of billions of dollars in grants. The following table gives a snapshot of the major categories of grantmakers.

 
Grantmaker
 
Why They Give
 
Examples
Corporate foundations
 
Companies often give grants to support education, community development, and public affairs initiatives in the communities that sustain them. Corporate foundation giving totaled nearly $13 billion in 2006.
 
  • Wal-Mart Foundation
  • Bank of America Charitable Foundation
  • Ford Motor Company Fund
  • GE Foundation
  • Johnson & Johnson Family of Companies Contribution Fund
U.S. government agencies
 
In all, 26 federal agencies administer more than 1,000 grant programs totaling roughly $400 billion annually to help recipients carry out initiatives of public benefit.
 
  • U.S. Department of Agriculture
  • U.S. Department of Commerce
  • U.S. Department of Defense
  • U.S. Department of Education
  • U.S. Department of Housing and Urban Development
Independent and family foundations
 
This category, which accounts for roughly 90% of all foundations, funds initiatives ranging from climate-change research to individual creative projects.
 
  • Bill & Melinda Gates Foundation
  • Ford Foundation
  • J. Paul Getty Trust
  • John D. and Catherine T. MacArthur Foundation
  • Robert Wood Johnson Foundation
Community foundations
 
These public charities tend to support initiatives that benefit citizens residing within a specific geographic area.
 
  • Tulsa Community Foundation
  • New York Community Trust
  • Cleveland Foundation
  • Chicago Community Trust
State and local government agencies
 
Much like federal grants, state and local government agencies promote the public good with financial support of initiatives in various areas.
 
  • Ohio Arts Council
  • South Carolina Department of Health and Environmental Control
  • Illinois Department of Human Services
  • Appalachian Regional Commission
 
 
 
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