How will you pay a freelance fundraiser and grant author?
The fastest and easiest manner is through discretionary funds, not through grants themselves. Save yourself time and headache by avoiding any thought or discussion around paying a percentage of a grant.
A prime skilled association of grant writers - American Association of Grant Professionals (AAGP) - asks its members to "simply say no" to commissions or any kind of proportion compensation. Keep removed from commissions or individuals who say they will write a grant for a commission.
You're higher off paying a contract grant writer a flat fee or hourly fee up front. From what source?
Pay your fundraiser and grant author from your discretionary fund. A discretionary fund is money you'll use for whatever purpose you decide on in meeting your agency's mission. The foremost common supply of discretionary funds is Individual Donors.
By distinction, grants aren't discretionary funds. They need "strings attached." They limit how your cash is spent. Since you can't pay a grant author from your grant, it is best to make up your discretionary fund to obtain facilitate with fundraising, grant leads and grant writing.
4 Quick Ways in which to Build Your Discretionary Fund
Here are four of the fastest ways to build your discretionary fund...
Hold an annual fundraising event, sort of a raffle, golf tournament, concert, dinner. Brainstorm with your board fundraising events that work your mission. Explore events that tap your board's experience and that your board will get behind. As an example, one start up nonprofit raised $forty five,000 in its very initial fundraising dinner by roasting top state male and feminine senators and representatives.
Produce a Founder's Circle. This is ideal for startups, but can be utilized by any nonprofit at any time. Folks like to be the first ones involved in a project. Lead off the campaign yourself or ask a board member to guide off. As an example, I led off by stating that I would donate $500 to a brand new nonprofit. Then, I challenged others, "Who will join me in being half of a Founder's Circle?" forty individuals joined me. We raised $twenty,000 in less than 2 months.
Here's a bonus tip: Generate $a hundred,000 quick ($twenty,000 a year for five years) by asking your Founder's Circle to conceive to paying a certain quantity - say $five hundred - each year for 5 consecutive years. I wish I would have thought of this in the example in the previous paragraph.
Find a corporate sponsor. Raise a local corporation to assist subsidize (underwrite or sponsor) the value of a fundraiser or grant writer for your nonprofit. Then, recognize company sponsors in your newsletter and annual report.
Notice a tiny group of individual sponsors. Ask each to pay a certain amount every - say $1,000 - to help subsidize (underwrite or sponsor) the value of a fundraiser or grant author for your nonprofit. Give them a special designation like "Platinum Sponsor."
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