Acquiring funds for NGOs remains to be a priority for those in the nonprofit sector. Grants are essentially what allow NGOs to continually pursue their obligations as an organization. Without grants and donations, NGOs would essentially have to close down as it can no longer fulfill their duties. That being said, certain guidelines have to be set even for those who are already experienced in applying for grants.
- Analyze practices
Change is something that occurs constantly and that’s not always a negative aspect. For example, improvements are to be made in processes to deliver more effective results. Current practices – regardless of current results in effectivity should constantly be observed and analyzed. This will inform your organization on the things that work and the gravity of the effectivity. At times, there may be certain efforts which don’t necessarily generate much revenue. On the other hand, effective practices can still constantly be improved on and optimized when analyzed properly. This particular step helps in the growth of an NGO alongside their chances of acquiring grants.
- Set up a clear application process
Something NGOs need to adapt especially in applying for grants is to develop a clear system. One doesn’t randomly search for several grants and just applies for them. The process always begins with research and eventually filtering. In this case, having access to an NPO funding directory is very helpful. It saves you time in the search process and leaves you to exert more of your efforts in the grant-writing process.
- Set firm guidelines
When applying for grants, keep in mind that you are competing with many other nonprofits who are also in need. Hence, NGOs should know which grants to apply for. It would be a waste of time to apply for the wrong grants or basically those that are not directly in line with the initiatives your organization is pursuing. It is important to first determine your eligibility before filling up an application form. Chances of the grant-funding agency throwing your application out is huge as they have set their rules and regulations to be followed by organizations. That being said, strict guidelines need to be addressed to avoid wasting time and energy on proposals which wont get shortlisted.
- Be punctual and consistent
Given that many NGOs are fighting for a spot to be contacted by grant-funding agencies, you shouldn’t waste the opportunity when you are contacted. Always be punctual and consistent whenever your services are requested. One small mistake can cause your NGO receiving the grant as donors have a long list of waitlisted NGO they would gladly work with should they find you uncooperative.
- Ask for feedback
NGOs won’t always be successful in acquiring grants. Sometimes, you can come close and still not gain anything monetarily. In these cases, it wouldn’t hurt to ask where you went wrong – as this can be a basis for improvement.