If you’re new to fund development, it’s important that you learn basics like writing grant proposals and how to research funders before you invest your time and energy into grant applications that aren’t going to pay off. Even without formal training or experience, it is entirely possible to develop competitive grant proposals and get the money you're asking for, it just takes time and patience to do the research and write a good proposal.
What is a Grant?
A grant is a financial award made by a government, foundation, corporation or individual to achieve a specific (usually philanthropic) goal. Grants are usually associated with funding nonprofit organizations but schools, churches, public agencies and individuals like scientists, artists and writers all seek grant support. Billions of dollars are given away every year in grants to organizations and individuals who know how to get them.
Grant Applications
The primary tool for getting a grant is a grant application (also known as a grant proposal) but it’s important to remember that the grant application does not stand alone: it is part of a process of planning, research, outreach and funder cultivation. Grant writers who focus solely on writing and neglect donor research are going to find their time and efforts wasted.
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Consolidated statements of income; 2006 2005 06/05; Amounts in millions of € % change : Revenues: 151,589: 149,776 +1: Cost of sales (125,673) (122,861) +2