Many non-profit organizations rely on government grants and contracts to fund their programs. Successfully compete for government funds by following these basic practices every time.

Review the Requirements of the Funding Source

The Finance Project suggests that you should review every funding source to make sure it is a good fit for your program. You should begin by reading the request for proposals (RFP), at least twice. The first time you read it, check to make sure that you understand the overall requirements and basic details such as the deadline and eligibility requirements. See what steps you must take before you apply such as a letter of intent or a bidders’ conference. The second read through should focus on the overall requirements of the funding source as well as any questions you may want to raise at the bidders' conference.

If there is a bidders’ conference make sure to attend, whether it is mandatory or not. It’s a great way to learn more about the expectations of the people who are managing the grant. This is an opportunity to get to meet the people in charge of the project and also will give you a better sense of their specific priorities.

• Profit Percentages

• Underpants Profit

• Gross Operating Profit Definition

• Profitter Roll

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