Fundable Grant Projects

Grant seekers have their own individual projects that need funding. However, not all projects can easily receive funding or can receive funding at all. The fundability of a project depends on the focus of the funding organization. If the project corresponds with the goals of the funding organization then the project has great chances to be funded. You have to apply for a grant by submitting a successful proposal. If you have difficulty in creating one, you can seek the assistance of a professional grant writing company. They have considerable experience in writing such proposals. But, first, you need to know if your project is fundable. Here are some general guidelines that you can consider:

1. Funding organizations fund certain projects easily than others.

Organizations or foundations easily supports project based proposal than capital, equipment, operating, and endowment. Scholarship funds can be achieved, but you have to follow particular instructions.

2. Most funding organizations do not fund routine and ordinary expenses.

For instance, if an organization awards a scholarship to a student, his or her expenses or bills will not be included in her scholarship fund. Parents or guardians must pay the ordinary expenses related to their studies.

3. The project must address a serious problem common or recognized by the funding organization such as street children, orphan, poverty, or homelessness.

If your project is about building an orphanage that will keep homeless children away from the street, then you must search for foundations or organizations that fund projects that improve the well-being of orphaned children in United States or around the world. If your project addresses an unrecognized problem by the funding organization, then you will find your project very difficult to be funded.

4. As a funding organization, it is more likely that they will fund projects that will have a great impact to a considerable number of people.

If your project will only benefit few people, then funding organization will only think twice or will never consider the project. Choose project that will benefit more people, so that you will have more chances to be funded.

5. Funders need to know what will happen to the project in the future if they are funded.

One way of informing the funders is by providing a sustainability plan on their proposal, so that funders will be properly informed and guided.

Here are the elements of a successful grant proposal:

Cover Letter and Application Form
Cover letter introduces the project and the grant seeker to the funding organization. It also present that the project is related to the goals of the organization or foundation.

Letter of Intent
Letter of intent conveys your intention to apply for a grant to their foundation. It also provides information about the project and the grant seeker.

Summary or Abstract
It is the part of the proposal wherein the summary of the whole proposal is written. The summary must answer the questions what, who, where, when, and how.

Organizational Information
This is where you will provide detailed information about your organization. Its history, background, mission, goals, and future plans. You may also include the people who are related to the organization, if there’s any.

Need Assessment
In this part you must clearly present the need for the project. You may include statistics, graphs, or surveys that show and explains the need for such project.

Project Description
Here you will describe the project, how did you come up with the idea, the people that will assist you in implementing the project, and what are your future plans.

Project Significance
This part will clearly explain the importance of the project and who will benefit from it.

Evaluation Plan
It is a carefully sought out plan that will measure the success of the project. The plan will describe what will be measured; who will measure; and how it will be measured.

Sustainability Plan
This part will clearly describe how they will sustain the project after the grant is spent.

Budget
This part will contain the amount of the needed fund. Aside from the amount, funding organization requires grant seekers to include budget justification.

Attachment
Application Form – Some funding organization has their application form that need to be filled-up. It contains viable information required by the organization or the foundation.

Necessary Documents
This may include resumes of key personnel; verification of tax-exempt status; financial statement; blueprint or layout of the facility; and other files required by the funder.

A successful grant proposal will greatly affect the possibility of funding, as well as the realization of your goals, so you must carefully organize your thoughts and the information needed to further justify the importance of your project.