There are always more grants than there is money. Because Funders have to reject usually 80% of applications. They don't tell you what's wrong with your proposal. They look for red flags to help reduce the number of proposals they have to read. Learn the reasons why your proposal may not be getting reviewed.
Nonprofit does not mean no profit, but this myth is perpetuated when you don't take a salary. Nonprofits should make the same or MORE than for profit leaders. Say no to the nonprofit poverty cycle and start paying yourself first because it sends a message that your work is valuable. Shift the mindset from "taking from the cause" to "sustaining your leader". Learn how to build your Salary into the budget and grant.
Every Executive Director should understand the role grants play in their funding strategy. Grants should be "a part" of your funding strategy, not the entire strategy. They should make up 30% of your budget. Over reliance puts your org in jeopardy. Learn the danger and compliance issues with single- source dependency.
You're doing the work,You've been around, you're credible, but money isn't flowing like it should. Your program isn't the problem, your positioning is. Why is positioning important? Funders use it make fast decisions. Nonprofits come from a founder's perspective . . . Shift to a Funder's perspective. Learn the language of Funding to help your funder see their ROI. Episode 151 | You Don't Have a Funding Problem - You Have a Positioning Problem: How to Shift Your Language to Increase Your Funding
Today we bust the fundraising myth. No, you're NOT supposed to fund your organization. Not in the beginning not in the middle not ever. You just don't know what to do. Grants should only make up 30% of your budget. Of the top 8 funding sources grants is #7 and why most founders are self-funding their organizations. Their infrastructure is raggedy and they don't qualify. Learn what the #1 source is and how to stop self-funding your nonprofit.
Too many founders celebrate getting their 501(c)(3) like it's the finish line, but that IRS letter is just the beginning. At this stage, you're not qualified for a grant, but I'm going to share with you in this episode the four essentials that you need to make your nonprofit funder ready, legally compliant, and structurally sound.
