2.03 how to solicit grant/foundation money. grant - non-repayable funds disbursed by one party;...
TRANSCRIPT
2.03
How to Solicit Grant/Foundation
Money
• Grant - non-repayable funds disbursed by one party; often a government department, corporation, foundation or trust, to a recipient, educational institution, business or an individual.• Foundation - a legal categorization of nonprofit
organizations that will typically either donate funds and support to other organizations, or provide the source of funding for its own charitable purposes.
People who Benefit from Grants/Foundations
• Undergraduate and Graduate Students• Non-Profit Organizations• Small Businesses• Schools
An event organizer is most likely to receive grant or foundation funding if the event benefits the community
Considerations for Grant Money
• Most grants are made to fund a specific project and require some level of compliance and reporting.• Other grants can be given
to individuals, such as victims of natural disasters or individuals who seek to open a small business.
Grant Writing• The grant writing process involves an applicant
submitting a proposal to a potential funder, either on the applicant's own initiative or in response to a Request for Proposal from the funder.• Most grant applications involve the following:• Cover Letter• Executive Summary• Problem Statements/Need Description• Budget• Qualifications• Conclusion• Supporting Material
Considerations for Foundation Money
• Businesses, Groups, or Local Teams are considered for a donation from a foundation if they ask for a donation.• You must go to a foundation to ask for a money,
the foundation will not come to you and ask to give you money.
How to find a grant/foundation……
• Conduct an Internet search to identify agencies/foundations/businesses that you could solicit for grant/foundation money to support a charity event.
Following Up• Most prospects don’t say “Yes” the first time by. • Prospective sponsors may have questions• Prospects want to know that you care about the
business they are willing to offer you.• Sometimes the prospect just needs a little reminder
that you are still interested.
Ways to Follow Up w/ Potential Prospects
• Fax• Phone call• Ex: This is Such And Such from My Organization. I just
wanted to follow up on the sponsorship request I sent. Do you have a few seconds?
• Letter• Face-to-face• Email
Immediately send a thank-you card to each of the meeting participants
• Pick a Benefactor• Pick a Sponsor• Design a Presentation
and Script for a Sponsorship Proposal including details from 2.01 & 2.02.
• Make a PowToon• Create a Scipt
Group Video: Sponsorship Proposal
Pick Groups of 4This is a FORMAL GRADE
2.04
Conduct post-sales follow-up activities to foster ongoing
relationships with customers.
Ways to Say Thank You!
https://www.youtube.com/watch?v=bUkN7g_bEAI
Servicing sponsors
• You need to assign a staff member to communicate and coordinate activities with each of its sponsors, a sport/event• Facilitates goodwill by providing efficient,
ongoing service.
• Sending newsletters, acknowledging efforts, providing extra benefits, and asking opinions is another way to service sponsors.
• Pick a Benefactor• Pick a Sponsor• Design a Presentation
and Script for a Sponsorship Proposal including details from 2.01 & 2.02.
• Make a PowToon• Create a Scipt
Group Video: Sponsorship Proposal
Pick Groups of 4This is a FORMAL GRADE