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Five Grant Funding Myths

Posted On : Mar-09-2010 | seen (583) times | Article Word Count : 388 |

Grant Money is Free Money. Grants are given because your organization is doing humanitarian work. Donors grant monies to fulfill a specific need in your community.
Grant Money is Free Money. Grants are given because your organization is doing humanitarian work. Donors grant monies to fulfill a specific need in your community. Your Mission statement defines your purpose. Grants are to be used for its intended purpose only.

Grants for individuals. Have you seen them? Ads offering grants to individuals are plentiful. Grants to assist you in paying for credit cards, the expensive automobile, or the trip you always dreamed of, do not exist. There are non profit organizations that can assist you with your rent and utility bills once you prove you are in need of such assistance.

Pay a grant writer part of a grant. People think they can hire a Grant Writer and pay them once the grant funds come in. This is unethical. Many Professional Grant Writers belong to organizations such as the American Grant Writer's Association, American Association of Grant Professionals. These organizations have a Code of Ethics. Well run non profit organizations pay for their overhead costs and plan out their fundraising accordingly. What are the consequences when a funder discovers that you spent any portion of their grant donation other than what was stated? The donor discovers that your organization is dishonest and not well run. They will no longer donate grant monies to your cause and will share this information with other grant donors. The donor may demand their money back. You organization can loose there non profit status. It is difficult to raise funds when your organization has a bad reputation.

There are no grants for our organization. There are many grants available to your cause. Grants can come from three sectors, Government, corporations, and private foundations. Grants are awarded based on many factors such as the organizations reputation, mission, and sustainable income sources. The Grant Writer simply relays the importance of your organization to the funder. If you have doubts to you organization's ability to be funded, re-evaluate your organization.

Grant funding is all we need. Sustainable income is important for any non profit organization. Sustainable income includes fundraising events, donation drives, and a shopping cart on your website. Sustainable income gives your organization stability and credibility. Grant funders look closer at organizations with multiple sources of funding.

Article Source : http://www.articleseen.com/Article_Five Grant Funding Myths_12946.aspx

Author Resource :
Grant Writing and Affordable Grants - We make grant writing affordable!

Keywords : non profit grant funding, charity grant funding, 501c3 grant funding, funding, fundraising, free money,

Category : Society : Society

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