Friday, May 16, 2008

Grants

Among the most important sources of funding for nonprofits are grants. The federal and local government, separate individuals, and even other nonprofits and foundations might be sources of funding. Some NPOs exist with the sole purpose of finding funds for other worthy nonprofits. All nonprofits must find and apply for any and all available grants.

Grant writing is one of the most important activities for a nonprofit, and a number of resources are available to help in the application process. There are numerous guides both in book form and online that can give style and formatting assistance. People and organizations who have experience in writing grants may also be willing to look at an organization’s applications and give an honest critique.