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Step 2 in the grant development process includes implementing a process for vetting grant prospects
The vetting process brings the grants team together to determine whether to apply for funding opportunities as they arise. This includes taking the following actions:
- Identify relevant decision-making criteria (internal).
A common practice is to put the decision-making criteria into a rubric that can be completed during the vetting process. The criteria could include factors such as:
- Alignment with the organization’s strategic plan.
- 社会需要.
- Capacity to prepare a high-quality request by the deadline.
- Capacity to execute the grant.
- Existing partnerships.
- Short-term and long-term sustainability.
- 研究资助者.
- Use these resources to learn about specific funders:
- 基金会网站.
- Government agency websites.
- 格兰特顾问.
- Minnesota Council of Nonprofits — 奖助金 Directory.
- Candid — Foundation Center.
- Candid — Guidestar (990 Finder).
- 奖助金.澳门网络娱乐游戏平台.
- Get funder guidelines in the following ways:
- Foundations — obtain from websites and/or program officers.
- Corporations — obtain from websites and/or corporate contacts.
- Government (non-federal) — obtain from agency websites.
- Government (federal) — 奖助金.澳门网络娱乐游戏平台.
- 使用一个 prospect research worksheet to compile the information.
- Use these resources to learn about specific funders:
- Determine alignment of the funding opportunity with your criteria.
Convene key members of the grants team to review the grant guidelines and information gleaned from prospect research. Then discuss your city and community needs, and how these needs fit with the funding opportunity. - Seek internal approvals to proceed.
Before writing the grant proposal, inform the authorizing agent of your city and seek any needed internal approvals.