An Insider’s Information to Grants and Fundraising: Interview With Entrepreneur Valerie Grant

Valerie Grant

By Felena Hanson

Valerie Grant has labored with nonprofit organizations and for-profit organizations to assist get hold of grant funding since 1998. Her firm, Grant Consulting Services, assists organizations by challenge improvement, complete funding searches, knowledgeable grant administration, grant proposal writing companies. Valerie can also be a printed creator and an completed freelance author.

Learn on to be taught extra about her profession path and the way the grants course of works.

What led you to grow to be a grant author?

I grew to become a grant author fairly accidentally. I used to be working at a nonprofit group once I lived in Virginia and, like many nonprofit organizations, we put on a number of hats as a way to meet the wants of the individuals we serve. I used to be the volunteer and transportation coordinator in addition to a database administrator. A colleague was additionally doing a number of jobs and didn’t have time to work on a small grant software. I wished to assist the crew and had an curiosity in studying extra about grants. I labored on the applying, submitted it, and it was awarded.

It was a small grant of about $1,200, but it surely meant rather a lot to me that I used to be capable of assist safe these funds. I began serving to extra with different grant functions. I discovered that I actually benefit from the grant improvement course of, and located it to be very rewarding, particularly as a result of we began to be awarded increasingly more vital funding for the group.

Quick-forward 20 years and a whole bunch of grant functions the place I’ve a full grant service firm. My crew is ready to assist organizations throughout the globe conduct a grant evaluation to find out if they’re able to attempt to get hold of grants. If not, we might help them to grow to be grant-ready in order that they will present that there’s a necessity locally that they’re assembly. They will show that they’re doing the identical factor internally that they’re doing externally. So grant readiness, particularly for newer organizations, is essential.

Our subsequent service is to determine potential funders by a funding search. Subsequent, we write the grant proposal tailor-made to the potential funder’s particular tips. When the grant is awarded, we help with the grant administration and follow-up reporting. Grant compliance and reporting are important to proceed to construct relationships with funders in order that organizations and funders can proceed their good work collectively locally.

What are major sources of funding?

Nearly all of fundraising for nonprofits really comes from particular person donors and never grants. Grants being a major income is likely one of the misconceptions that we attempt to assist organizations to grasp.

In different phrases, don’t anticipate grant funds to be greater than about 20% of the price range; the statistics present that about 80% of funding comes from particular person donors. Charges for companies are additionally a great way to boost cash for nonprofit organizations.

What are the various kinds of grants?

Basically, there are three various kinds of grant funds: there’s authorities funding (federal, state, and regional), company funding, and basis funding. There are not any charges related to submitting a grant software. If a corporation is charging an software price, it’s a contest—not a grant software. There are only a few grants for for-profit organizations or people. Grants for companies are primarily for R&D and inexperienced initiatives. Grant for people are restricted to greater training.

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