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December 14, 2020

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

YOUR GO-TO GUIDE FOR Making a Connection with the First Call
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.

Alignment
Your goals for the proposed project align with the vision of this funder and grant opportunity.
GO   NO-GO

Invitation
You’ve contacted the funder and received a warm invitation to apply.
GO   NO-GO

Odds
Your organization can be competitive relative to the number and credentials of other contenders.
GO   NO-GO

Expertise
You have internal experts or committed partners with credentials to lead the proposed initiative.
GO   NO-GO

History
Your organization has a history of funding from this funder.
GO   NO-GO

Preparedness
There is sufficient time and the right team to prepare a thoughtful application and required supplemental materials including a budget.
GO   NO-GO

ROI
The potential gain warrants the costs in time/effort/money to apply.
GO   NO-GO

Requirement
If the grant is awarded, the future reporting requirements are achievable.
GO   NO-GO

Relationship
You’ve identified a human connection (staff, board, volunteer) to an influencer at this foundation.
GO   NO-GO

Need
There is evidence that the proposed initiative fills a demonstrable need.
GO   NO-GO

Vision
The project/initiative you are proposing is in line with the organization’s strategic plan and goals.
GO   NO-GO


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