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GrantProse, Inc., Newsletter
North Carolina's leading newsletter on grants
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Vol. 5, No. 10
| September 10, 2013
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Dear Colleagues,
The competition for grant funds is red hot, and nonprofit grant seekers need all edge they can get. In this issue's feature, Dr. Lori Brown discusses the advantages of partnering with a for-profit organization on your next grant application.
We offer congratulations to a GrantProse client on a big win, post two new Grant Alerts, and provide other news on training events and grant writing resources.
Be sure to visit our website for your daily Grant Alert and a list of current funding opportunities. And please join us on Facebook and Twitter. |
Four Reasons to Partner with a For-Profit
Strategies for nonprofit grant seekers
By Dr. Lori Brown
A nonprofit partnering with a for-profit organization in pursuit of grant funds? It may sound strange, considering that for-profits maintain a continuous, internal profit-generating structure and usually aren't eligible to apply for grants. But the concept merits consideration for nonprofit grant seekers with a vision for change.
With a nonprofit as the grant applicant and fiscal agent, for-profit organizations can play a significant role in successful grant pursuits. For-profit organizations bring skills and talents to the table, enhancing nonprofit capacity and the strength of the grant partnership in four key areas:
Cash and Fiscal Stability
Many grants, particularly U.S. Department of Education programs (e.g., i3 or Race to the Top), require grant seekers to provide matching funds. Additionally, many funding agencies want the lead nonprofit applicant to put some cash on the table to show investment in the project. But nonprofits are "non" for a reason -- they lack profit. Partnering with a for-profit organization can fill this gap with a cash match from a reliable, credible, and stable source.
Human Resources
For-profits can provide other resources to their nonprofit grant partners, namely, skills and expertise. Compared to nonprofits, for-profits employ larger numbers of people, making a deeper well of talent available to a nonprofit organization. Large for-profits commonly have multiple teams of vice presidents and directors, all with varied expertise and experience. Their backgrounds can add value to the project design.
Research and Evaluation Capacity
For-profits can also provide valuable resources to their nonprofit grant partners through research and development divisions and/or internal evaluation teams. R&D groups are often on the cutting edge of new concepts or products nearing the completion stage, perhaps giving a nonprofit partner the opportunity to pilot never-before-seen instruments, surveys, etc. Additionally, the visionary research efforts of a large for-profit organization can boost the visibility and vision of the nonprofit, as outsiders recognize that the nonprofit has unprecedented access to new instruments, products, or resources. Partnerships between for- and nonprofits can add innovation and excitement to grant projects.
Grant Guidance and Writing Assistance
Partnerships with for-profits may also yield grant writing resources. Many for-profit organizations have grant research and writing divisions. These divisions track federal funding, help clients identify local funds, and study prior winning applications for what works, while frequently assisting the grant writing process.
For nonprofits, the fact that for-profit organizations make a profit isn't a bad thing for grant partnerships; it can be truly beneficial. Besides providing much needed cash matches, for-profits can contribute experience and expertise to the project design, help with grant writing, and boost the visibility of the nonprofit.
Dr. Lori Brown is Senior Proposal Writer at Pearson School Achievement Services. You may contact her at news@grantproseinc.com.
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Announcements Awards, events, training opportunities
Congrats to the City of Raleigh on winning another grant from the U.S. Department of Transportation! A $10M TIGER (Transportation Infrastructure Generating Economic Recovery) grant, which follows one for $21M awarded in 2012, will go toward Phase 1B of the city's Union Station project, a multi-modal transit center that will increase capacity to serve passengers, support economic development, and become a key link in a transportation corridor for the Southeast. While GrantProse participated in developing this proposal, its success is due to the time and energy invested by the city and its partners. For this round of TIGER funding, 568 applications were submitted; USDOT funded only 52. The city's full proposal is available as a PDF on its website -- check it out! GrantProse has rescheduled its September grant writing workshop from 9/19 to Thursday, 9/26. This one-day training workshop is for novice/beginner grant writers -- visit our training page for details and registration info. Join us and gain an approach to grant writing that you can use with any proposal for any funding agency. BlueCross and Blue Shield of North Carolina Foundation has opened registration for its next Healthy Community Institute for Nonprofit Excellence. Scheduled for October 29-30 in Winston-Salem, the institute will focus on building capacity of North Carolina nonprofits, including fundamentals of strategic planning, fundraising, and board development and governance. The institute is free to participants; space is limited to 50 nonprofits.
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Resources News you can use
Need stats for your grant proposal on how U.S. education compares with education in other countries? As part of its International Activities Program, the National Center for Education Statistics provides several tools online. Assessments and surveys include performance assessments of students in reading, mathematics, science, and civic education, as well as adult literacy. The International Data Explorer provides student results in math, reading, and science; users can choose criteria to generate reports specific to year, subject, country, and several variables. FAQs also provide links to information on study abroad for U.S. students and degree equivalencies.
Visit the GrantProse Resources page to take advantage of free guides and videos to help you in your grant writing, including two new additions:
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Grant Alerts Now updated on the GrantProse website
The sooner you know about a new grant, the more time you have to write the proposal! Visit our Grant Alerts webpage to view the latest funding opportunities, including the two below. We also post new Alerts several times a week on Twitter.
NEW
Deadline: 12/11/13 (LOI); 01/08/14 (full proposal)
Program: AmeriCorps State and National Grant Competitions Agency: Corporation for National & Community Service Description: Funding for organizations proposing to engage AmeriCorps members (volunteers) in evidence-based interventions to strengthen communities. Award Amount: unspecified Website: AmeriCorps(via Grants.gov)
Eligibility: state, local, tribal governments; school districts; public housing authorities; nonprofits; institutions of higher education
NEW
Deadline: 12/04/13
Program: Small Business Technology Transfer Program Agency: National Science Foundation Description: Funding to stimulate technological innovation in the private sector by strengthening the role of small businesses in meeting federal research and development needs. Award Amount: Up to $225,000 Website: National Science Foundation (via Grants.gov)
Eligibility: Small businesses (w/collaborating research institutions)
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GrantProse, Inc., assists institutions, agencies, and organizations in expanding fiscal resources and program operations, helping them locate and secure grant funds matched to their interests and needs. Please forward this email to colleagues using the link at the top right, and join us in social media to help us spread this valuable information.
We welcome feedback from our readers! Email questions and comments to Rita Lewis, newsletter editor.
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