acquiring public funding. what is public funding? public funding is funding that comes from the...
Post on 23-Dec-2015
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Acquiring Public Funding
What is public funding?
• Public funding is funding that comes from the public treasury, used as the funding of health, human service, environmental, community development, and other public service programs.
Why should your organization apply -or not apply - for public funding?
• Advantages of public funding:– It represents the largest amount of money available to fund
organizations or initiatives– It is often more reliable and more long-term than private funding– It is often appropriated specifically for what your organization
does– It gives your organization more credibility in the community– It may make it easier for your organization to gain funding from
other sources – It is subject to advocacy, and therefore you may have some
influence on how much of it is available
• Disadvantages of public funding:– Proposals may be extremely time-consuming and
difficult to write– It may come with lots of conditions attached– It requires strict accounting and audit procedures– It may conflict with your mission and philosophy– It may be administered by a bureaucracy– Payments may be slow in coming– Public funding can get cut or run out if the economy is
bad
How do you find out about the availability of public funding?
• Federal, state, and local agencies' mailing lists• The Federal Register• Federal, state and local government agencies' websites• The newsletters and journals of professional associations
and community coalitions • Individuals at potential funding agencies or town or county
offices• Becoming part of a larger network of community-based,
non-profit, and other organizations and agencies in your area
How do you position your organization to acquire public
funding?• Eligibility– 501(c)(3) tax-exempt status– Appropriate administrative and organizational
structure– Staff with appropriate credentials and training– Proper money management, bookkeeping/accounting,
and audit procedures– Compliance with ADA regulations– A good track record
• Relationships– Establish relationships with your federal and state
legislators– Establish relationships with individuals at agencies that
might fund you– Attend meetings, conferences, etc. where you'll meet
others doing the same work you do– Join coalitions and collaborate whenever you can– Volunteer for committees and task forces you're
interested in, and take responsibility
How do you apply for public funding?
• The RFP process– The services or programs desired– The amount of money available– Who is eligible to apply– What the deadlines are– What information the applicants need to
submit– What the proposal should look like
If you're successful
• Remember that you still have to work on:– Grants, contracts, and financial survival– Legal agreements– Funder's procedures– Scope of work issues– Diversification of funding
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