How can a nonprofit organization select the right family foundation and ask for grants?
For any nonprofit organization seeking grants, it is important to review the distinct characteristics of each potential funding source and then match the organization’s proposed ideas with those grantors most likely to find the proposal appealing. Family foundation is one of the potential funding sources. Because their granting patterns represent the values of the family members whose interests have been memorialized by the creation of the foundations, granting patterns of family foundation vary widely from foundation to foundation. The family foundation is the type of foundation most susceptible to the influence of board members, friends, and popular causes. Since many family foundations periodically change their priorities, it is helpful to have a contact (eg. friends or board members of a family foundation) who keeps you informed of the foundation’s current funding interests. However, even when you have a link to the board and access to the foundation, you must research the foundati
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- How can a nonprofit organization select the right family foundation and ask for grants?
