A few days ago, I read an article about a small nonprofit community organization that was looking for advice on how to get funding. Creating a non-profit organization is a daunting task and finding where to find the money needed to run it can be a challenge. New charities rarely have the ability to demonstrate that they are capable of becoming sustainable organizations instead of just being night thieves.
If you have a new non-profit organization, you know you have to dig a lot.
Finding money is not impossible. You must be ready to transform every stone and look at every opportunity. Before you start, one of the best things to do for your organization is to call on a group of experienced experts and advisors associated with your nonprofit organization. This will be particularly useful for grant applications from foundations and businesses, as this will demonstrate that you have the confidence of the brain to help your organization become an essential part of your community. Conducting intensive research is another essential part of making your non-profit organization a sustainable and vital part of the conversation about your cause.
If your non-profit organization is very new and is still in training (for example, not with an IRS 501 (c) (3)) and you want to start fundraising, you may want to consider look for a financial sponsor. By partnering with a tax sponsor, you will be able to apply for and obtain funding for your non-profit organization, while seeking the necessary documents to be fully operational. When working with a tax sponsor, funds are accepted through the financial sponsor who will charge you a small administrative fee and provide you with the money you need for your operation.
Start-up programs in companies
Corporate finance is a great place to look for start-up funds, especially since companies are used to investing in research and development. Double the Donation is a great resource for companies that help fund non-profit organizations and charities.
The federal government provides grants to community organizations and can provide substantial funding, although the process can be a bit long and tedious. To find federal grants that can help you, visit the Grants.gov website.
GrantWatch is another great search tool. GrantWatch is a great site to find grant opportunities that can be important to the federal, state, and corporate governments depending on your mission and grant criteria.
The Sparkplug Foundation is a family foundation that helps start-up groups in the fields of music, community organization, and education. The grants that the organization provides are usually those that are important enough to make a nonprofit organization sustainable.
Center for Non-Profit Excellence (CNE)
The CNE is looking for three grant opportunities each week and offers its members a varied selection of potential candidates. The group also provided information to non-profit organizations starting out in foundation grants or seeking to diversify and expand their grant program.
When looking to find start-up funds, many groups suggest you contact your network of friends, family and community to raise funds. If the best way to start reaching out to those who know you, the government and businesses can raise more money for your organization. Also remember that the Foundation Center offers many opportunities for business and foundation grants.
One last tip is Google's "nonprofit start-up grants" or a variation. Make a point in search of startup grants. They are more numerous than you think available for your organization.