Two of the biggest challenges grant seekers face are:
- choosing which foundations to approach and
- deciding how much to ask.
This article presents a framework for a strategic approach to grantseeking that may well help you save time and produce better results for your effort.
First, I recommend that you build a gift table based on the need for private sector support as shown in your budget. Building the gift table will enable you to:
- Set ask amounts easily
- Prioritize your solicitations from the top down
- Show the potential donor how his gift fits into the overall fund-raising plan