Did
you know that there are over 50,000 foundations located in the United States
and that there are 436 located in the District of Columbia? Chances are there is a foundation out there
that may support your program. By approaching foundations as you would any
major donor and building relationships, they may become funders of your
organization.
There are a number of reasons to seek foundation funding for your program:
·
Foundation
funding can strengthen your organization by diversifying support especially, if
your organization relies too heavily on individual donors or corporate support.
·
Foundation
grants can be sizeable. One grant equals many small contributions.
·
Grants
can be multi-year, offering your organization the opportunity to finance
long-term financial goals or obtain support to start up a new project.
·
Foundations
must give away their money.
· Foundations are frequently
willing
to take risks on new projects or provide seed
money for non-profits just getting off the ground.
The steps to secure foundation funding are similar to building a major donor program – conducting research, developing relationships, writing a compelling case for support (proposal) and showing appreciation. If these steps are taken, foundation funding may become part of your funding mix for your organization.
Major Donors Are Not Born --They're Bred
Have you been dreaming of what it would
be like to be on the receiving end of a $100,000 gift for your annual fund?
Tantalized by newspaper reports of mega-gifts? These donors do not drop from the sky, nor are they only to be
found in the database files of “big name” organizations. The likelihood is very high that right now
among your constituents and supporters is a major donor in the making. What separates
those organizations that “get” from those that “wish?” A vision, a solid plan,
and love, respect and common courtesy for your donors.
It is surprising to discover these basic elements missing from many development
programs:
“The
vision thing.” What is that elusive thing called vision? A vision is the power of the imagination to dream or project
something beyond the ordinary. For an organization, it is the driving force
that informs and propels all programs and services. For a donor or constituent
is a key motivating factor for their investment. Your vision is presented in the case for support. If your organization does not have a case
that presents a clear rationale for why you need a donor’s investment, or major
gift support, the likelihood is high that you will not receive it. Philanthropic fund raising is built around
the case for support and it forms the basis for all written and verbal
communications.
|
“If you don’t know where you are going, any road
will do.” – Scarecrow, Wizard of Oz |
Your donors deserve the same!
Nancy Fifield McConnell,
CFRE, President has twenty-five years experience in the nonprofit sector including
positions in senior management, government relations and program development.
In addition to her professional experience with the Child Welfare League of
America, the Population Resource Center, and the Population Association of
America, Nan has worked with organizations on long range planning, strategic
fund development planning, and is called upon to serve as an organizational
facilitator. She has managed capital campaigns, conducted feasibility studies
and development assessments, written foundation proposals, prepared strategic
fund development plans, and has secured millions in gifts from diverse sources.
Board training workshops and on-site development management are also services
offered by the group. Nan lectures, teaches, writes, and serves in leadership
capacities on local boards including the Consultants Consortium and the Bar
Association of DC Foundation.
She
has a CFRE, the Certified Fundraising Executive Certificate Award from the
Association of Fundraising Professionals.
Deborah Peeples, CFRE, Senior Consultant has devoted the last fifteen
years of her career to developing the financial base and organizational
viability of not-for –profit organizations. Deborah’s breadth of experience in
capital campaigns planning and management, major gifts planning and annual fund
management, and her broad knowledge of the philanthropic sector has proven to
be a valuable resource to the organizations she has served. As the Director of Major and Planned Giving
for WETA TV/FM, in Arlington, Virginia, Deborah was responsible for significant
growth in Board support, annual giving and new special event income. Deborah
has held senior positions with the National Hospice Foundation and the American
Red Cross-Northeast Florida Chapter.
She
was partner at Funding Resources, Jacksonville, Florida and serves as senior
development counsel with The Funding Center, Alexandria, Virginia. Her board service includes work with
Association of Fundraising Professionals (AFP), Temple Rodef Shalom, Falls
Church and community not-for-profit organizations. She lectures and teaches on
a broad range of development and fund raising topics.
Deborah
has a CFRE, the Certified Fundraising Executive Certificate Award issued by the
Association of Fund Raising Professionals.
McConnell Consulting Group
2120
L St NW Suite 200
Washington,
DC 20037