w hat do funders want ? an insider’s guide into our thoughts and strategies along with tips and...
TRANSCRIPT
WHAT DO FUNDERS WANT?An insider’s guide into our thoughts and strategies along with tips and tricks!
Laura L. Duty
WHAT DO FUNDERS WANT?SESSION OVERVIEW
Part 1:Why do we ask the questions
we do?Why do we ask for so many
attachments?Do we really learning from
site visits?
Part II:Top Ten Tips to nonprofits.
Part III:It’s your turn to ask the
questions you have always wanted to!
HOPE CONSULTING IN PARTNERSHIP WITH GUIDESTAR. MONEY FOR GOOD II (2011)
Individual donors was to give to a reputable nonprofit that will make good use of the money.
Advisors want to find acceptable and appropriate agencies that meet their clients needs.
Foundations want to maximize impact by funding most effective organizations.
Individual donors rarely research, not true of foundations and advisors.
HOPE CONSULTING IN PARTNERSHIP WITH GUIDESTAR. MONEY FOR GOOD II (2011)
Expected Impact
Past Performance
Financials
Cause
Mission, Leaders
Legal status & legitimacy
Other Program Funders
Compare with other NP
Endorsements/opinions
0% 20% 40% 60% 80% 100%
Foundations
GIVING USA 2013
Total Donations to Nonprofits in 2012, $316.23B
Individual Donors $228B
Bequests $22B
Foundations $47B
Corporations $19B
WHY RESEARCH?DUE DILIGENCE, WHAT IT INVOLVES.
History and Track Record Governance and Leadership Vision and Strategy Proposed Project: Planning, Outcomes,
& Evaluation Human Resources External Communications &
Relationships Financial Health
WHAT DO FUNDERS WANT?TOP 10 TIPS
Do Your Homework Contact Foundations re: Guidelines Ask for Guidance re: Request Read the Proposal before Submitting Understand Basic Financial Statements Plan for a Site Visit Follow up from a Site Visit A No may not be Forever, the same for a Yes Contact Foundations re: Changes with a
Grant Do your Homework
WHAT DO FUNDERS WANT?WEST TEXAS RURAL PHILANTHROPY DAYS, 2013
Laura L. Duty
Carl B. & Florence E. King Foundation
214-750-1884