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The
Grantsmanship Institute would like to save you a tremendous amount
of time and money by pointing you to the most comprehensive list of funders
and foundation grants. There are over 70,000 foundations in the USA giving
away money annually. Remember they are also doing business 70,000
different ways so know how to approach them and follow their rules!
Before you get started and for those of you new to foundation grant writing you will first need to understand the
four different types of foundations.
FOUR TYPES OF FOUNDATIONS
Independent
Foundations–
Usually an individual or family that
has started the foundation to assist in an area near and dear to their
hearts, i.e. Tiger Woods Foundation focuses on creating positive
environments for underprivileged youths with the emphasis on parental
involvement and responsibility in the lives of children.
Decisions on grants are made by the
donor(s) and/or the board of directors on the donor’s behalf.
Annual 990-PF returns filed with IRS can be found at
www.guidestar.com.
Company Sponsored Foundation - Most large corporations in the United
States have a foundation which gives away money, i.e. Ford Foundation which
gives to enhance the capacities of educational systems and institutions to
foster access and equity in pursuit of excellence, especially in
historically underserved groups. Most major corporations set aside 5 percent
or more for philanthropy. A phrase you will become familiar with is:
corporate responsibility.
Decisions on grants are often made by board of directors at the corporate
level. However, some foundations level giving to the local level, i.e.
K-Mart, the store manager often makes decisions that are based on the needs
of the community.
Annual 990-PF returns filed with IRS can
be found at
www.guidestar.com . Some corporations will printed and distribute
annual reports showing their involvement in the community.
Operating Foundations –
Organizations that conduct
research or provide a direct service. These types of foundations
generally do not make grants. These foundations are set up to support
their own interests.
Annual 990-PF returns filed with IRS can
be found at
www.guidestar.com . Some corporations will printed and distribute
annual reports showing their involvement in the community. |
Community Foundations –
Specific to a geographic location.
These foundations are interested in assisting in specific community.
Decisions made by the board of directors
which represents the demographics of the geographic location.
Annual 990-PF
returns filed with IRS can be found at
www.guidestar.com . Some corporations will printed and distribute
annual reports showing their involvement in the community.
TAX RETURNS –
All not-for-profit
organizations are required to file a 990 tax form. There are more than
850,000 not-for-profit corporations and all their tax returns can be search at
www.guidestar.com
WHERE TO FIND THE MONEY
There are many excellent publications
helping you find foundations. I strongly suggest before you subscribe
to any of them that you visit your public library. Yes that is right,
most major metropolitan libraries have a foundation desk. It is an
area with all the reference material. You can’t check the publications
out but you can make copies. Some libraries have the information
on-line allowing you to do searches. The librarians are very
knowledgeable on this reference material and will gladly help you and answer
your questions. However, please do not ask them or expect them to do
your prospect research.
In addition to the above, colleges,
universities and community foundations will also have reference material and
they will gladly let you access.
The Foundation Center has what
are called Cooperating Collections sites which offer free access to
all foundation information. For quick reference some are listed below,
however for the most accurate and up to date list please visit
www.fdncenter.org.
Things to remember:
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HELP IS AVAILABLE.
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We specialize in Grant Writing
Workshops.
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What people are saying about our
Grant Writing Workshops.
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We offer grant writing consultation
services as follows:
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