Go-To Guides

REFERENCE SERIES

Factors to Consider When Deciding to Go (or Not Go) for a Grant Opportunity.

When determining if you should go for a grant opportunity, check the following:

If you answer "GO!" for each factor on the list, go forward with confidence!

If you answer "NO-GO" for up to 1 or 2 factors, proceed with caution.

If you answer "NO-GO" for 3 or more factors, consider moving on to the next funding opportunity.

1

Alignment

Your goals for the proposed project align to the priorities and goals of this funder and grant opportunity.

GO   NO-GO

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Invitation

You've contacted the funder and received a warm invitation to apply.

GO   NO-GO

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Odds

Your organization can be competitive relative to the number and credentials of other contenders.

GO   NO-GO

6

Expertise

You have internal experts or committed partners with credentials to lead the proposed initiative.

GO   NO-GO

4

History

Your organization has a history of funding from this funder.

GO   NO-GO

 

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Preparedness

There is sufficient time and the right team to prepare a thoughtful application and required supplemental materials including a budget.

GO   NO-GO

2

ROI

The potential gain warrants the costs in time/effort/money to apply.

GO   NO-GO

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Requirement

If the grant is awarded, the future reporting requirements are achievable.

GO   NO-GO

3

Relationship

You've identified a human connection (staff, board, volunteer) to an influencer at this foundation.

GO   NO-GO

7

Need

There is evidence that the proposed initiative fills a demonstrable need.

GO   NO-GO

5

Vision

The project/initative you are proposing is in line with the organization's strategic plan and goals.

GO   NO-GO

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