Foundation Grants: Six-Step Guide to Secure Free Monies

Foundation Grants Six-Step Guide to Secure Free Monies

Are you looking for foundation grants? Grants are free monies because it does not require you to pay it back. You don’t need a collateral, credit checks, security deposits, or co-signers. All you need is a good proposal, and submit it to a funding organization.

But if you think that getting grants is easy, think again. Though there are funding programs across all sectors, the competition impedes you to get one. As such, you may need a great proposal to justify your purpose before applying for one.

 

Most of the time, grants aren’t easy to secure due to the following reasons:

  • Grant application is a complicated process.
  • You have to find the right funding source.
  • You have to write a grant proposal.
  • Writing a proposal takes time and effort.
  • Grantors only fund 15% of the applications they receive.

With these facts, the challenge begins once you start writing your proposal. You have to make sure that you’ll get the interest of funders right away.

Are you among millions of people who want to apply for grant money but don’t know what to do or where to begin? Here are some pointers to help you succeed.

Six Steps to Get Foundation Grants

1.   Know where to find opportunities. Start locating as many grant-funding sources as possible. Try federal or private community funders.

2.   Be clear about your reasons for applying. It is important to be clear on your reasons for seeking fund. Try to answer the following questions to set out a good purpose:

  • What are your long-term program goals?
  • How will you utilize the grant money? Be specific on how you will use the funding.
  • What are your funding needs? Make sure to establish your needs.
  • How will you achieve success with your proposed project?
  • How competent are you to bring your proposed project into success?

3.   Know the types of support available. You need to identify funders that can fund your project. Search the field. Know your funding sources, like:

  • Government (federal, state, or local)
  • Private businesses and corporations
  • Foundations

4.   Know the specifics. Read and understand the rules and procedures of application. Take note of important details like:

  • Deadline of submission.
  • Application procedure.
  • Grant focus.

5.   Follow the guidelines. Make sure you meet the criteria and requirements of funders. Most of them reject proposals that go against their terms. You should comply with their preferred page length, font size, or supporting documentation or information.

6.   Get expert advice. If you want to increase your chance for grants, you can ask the help of grant writing experts. They can help you save time and effort, as well as spare your quest from failure.

Allied Grant Writers can help you assess your eligibility to apply for funding. Visit them at http://www.alliedgrantwriters.com/ or call 1-800-825-2314.

 

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