Finding the right foundation can be a challenge, but with careful research, you can learn to identify foundations that would be potential matches. Consider these tips:
1) Look closely at their giving patterns:
A foundation’s 990s are an important way to find this information. Take note of the types of organizations they support and the amounts & frequency of giving to each of these types. This will help you understand if you fit into one of the categories, and if so, what would be a reasonable amount to request for a grant.
2) Cultivate relationships:
All levels and forms of relationships are important with foundations. Talk with foundations that currently support you and solidify those relationships. Have friends that are board members on other foundations? Talk with them, and see if you could submit a proposal. Submit letters of inquiry to new foundations. Ask good questions, listen, and learn about foundations’ real stories and passions. Use this as a connecting point to your own story and passion.
3) Do your research:
With the economic difficulties foundations are facing, it is important that you do see a history of faith-based giving. 42% of donors, in a recent survey, were not interested in taking on new projects. Therefore, having a foundation or database of foundations that give to similar causes like yours is not enough of a reason to expect success in applying. You will have to work much harder at cultivating a relationship to develop a connection so that you could apply. Remember, Christian Foundation Grants is pleased to offer you the highest quality of information on nearly 4,500 foundations that have a history of faith-based giving and accept applications.
-- Jessica High manages marketing and research at Christian Foundation Grants (www.christianfoundationgrants.com) which is a subscription database of foundations that provide grants to faith based organizations. iDonate.com is a website (www.iDonate.com) that allows ministries to receive non cash gifts online