All you must know about writing a funding/grant proposal – Are you planning to write for funding your NGO? Are there donors who want you to apply for grants, scholarships, community project funding, and so on, here are all you need to put in place for a winning proposal for funding. This is All you must know about writing a funding
We understand that writing a winning proposal for many people is a nightmare. And that has generated so many questions from people. Therefore, some call to ask, how do I write a proposal for funding from the government or do you have a sample? Then, some ask in our comment box for sample proposals for funding non-profits or NGO. Many also ask for proposal letters. All you must know about writing a funding/grant proposal.
This article will address all of these challenges. You only have to continue reading. We will also provide you with links that will help you make a wider search for a better understanding of this subject matter. In that case, all you need to do is to click on the link provided.
So, to start with, what is a grant or funding proposal?
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This is a formal request asking a donor to invest in your NGO, nonprofit or not-for-profit organization. This may be from a church, mosque, town union, women’s association, children’s club, farmers club etc.
Looking at what gran proposal is all about, you may be tempted to believe that it will only benefit the recipients, but that is not true. Remember that no donor agency donates or invests in your NGO for nothing. There is a social benefit they are targeting to achieve in society. Therefore, they are investing in a positive change. Thus, it will have a huge impact on issues that concern a company’s morals, values, or culture.
The next ground to clear is, what’s the difference between a grant proposal and a grant letter?
Please, do not confuse the two. They are two different concepts. Even though both documents are merely different forms of the grant proposal. And, in fact, serves the same purpose, which is to raise funds for a specific project.
A Grant Proposal – All you must know about writing a funding/grant proposal
However, a grant proposal is an elaborate standard write-up that contains all the necessary sections which include the project’s executive summary, a cover letter, a problem statement, etc. These are listed below.
In this standardized format, you have to follow the approved structure and provide all required information in detail. In fact, that’s why this type of proposal is quite lengthy. And may require a professional to write. It can consist of up to 25 pages in total. Click here to see our funding proposal template. That is to help you have a better understanding of how it should look. All you must know about writing a funding/grant proposal
A Grant letter – All you must know about writing a funding/grant proposal
On the other hand, some companies or individuals who show interest in investing in NGOs consider grant proposals too long and therefore, prefer a shorter grant letter over the full grant proposal. So, this is just an abridged version of the grant proposal. In most cases, it does exceed 3-4 pages.
That means the grant letter should be able to walk your potential investor through every point quickly. However, these few pages must be persuasive enough to persuade the Grantee in just a few words that the project is worth funding. This is All you must know about writing a funding/grant proposal.
The Essential Components and Steps:
So, now, let’s go over the steps for writing a grant proposal.
In writing, therefore, follow the following steps.
- Proposal executive summary.
- Overview of your business or organization.
- Problem statement or analysis of the needs/needs assessment.
- Project objectives.
- Project design.
- Then, Project evaluation – with performance indicators
- Future funding projections
- Project budget – financial analysis
- All you must know about writing a funding
- All you must know about writing a funding/grant proposal
In Summary: You should be able to tie every grand proposal to a project. Such projects must be with a defined deliverable or end result for the money sought. That is to say, the projects must be seen to show tangible results or funding will not be granted. Therefore, for a grant proposal/request to be successful, it must be carefully prepared, planned, and packaged.
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All you must know about writing a funding/grant proposal
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Founder/Managing Partner of Complete Full Marks Consultants Ltd. An Economist turned Chattered Accountant and Tax Practitioner with over 37 years of industrial experience.