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Securing Foundation Grants: Strategies to Increase Your Nonprofit's Success Rate
ARTICLE | December 17, 2024
Authored by Vasquez + Company
Securing foundation grants is a highly competitive process, but understanding what foundations are looking for can make a significant difference. The article "How to Get Foundations to Say 'Yes' to Your Grant Proposals" offers tips and strategies to help your nonprofit stand out to potential funders.
Key Points:
- Mission Alignment: Successful grants are those where the nonprofit’s mission aligns with the foundation’s focus areas.
- Research: Thorough research into foundations' interests is essential before applying.
- Proposal Quality: Well-defined, data-driven proposals with measurable goals increase the likelihood of success.
- Tenacity: Rejection doesn't mean the end—understanding the reasons behind a rejection can improve future proposals.
By carefully matching your nonprofit’s goals with foundation priorities and crafting strong proposals, your organization can increase its chances of receiving critical funding. For more details, read the full article here.
Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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Vasquez + Company LLP has over 50 years of experience in performing audit, tax, accounting, and consulting services for all types of nonprofit organizations, governmental entities, and private companies. We are the largest minority-controlled accounting firm in the United States and the only one to have global operations and certified as MBE with the Supplier Clearinghouse for the Utility Supplier Diversity Program of the California Public Utilities Commission.
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