From one of the more memorable movie scenes of the past 20 years, you may recall a phone conversation between Tom Cruise and Cuba Gooding, Jr. that portrays the amusing contract negotiation of an agent and one of the professional sports figures he manages. A repeated and emphatic shouting of “Show me the money!” helped endear Jerry McGuire to movie viewers and helped Cruise’s character succeed in achieving his intended task—the movie scene ends with Cruise receiving a simply stated, “Congratulations, you’re still my agent,” from his star-in-the-making. It’s not necessarily the aggressiveness of the message itself but rather its impassioned delivery that may best carry over to grant applications.

As the new calendar and fiscal year 2011 begins, many grant programs are being reminded that they are only as valuable as the actual projects they support. Those consistently lacking results often find their government appropriations dwindle, if not dry up entirely. With everyone positioning their stake for a finite, albeit ever-growing level of federal funding, many grantmaking agencies demonstrate their value by leveraging investments in various projects that represent not only immediate community benefits but also the greatest potential for a long-term return on investment. Grantseekers therefore have an opportunity in the new year to strike while the iron is hot. Savvy applicants will likely consider one of the following project components in their FY2011 applications.

A big federal agency just released a new grant that is accompanied by a guidance document filled with 150 pages of content. The guidance document contains all the granular details on the grant program, including instructions for development of the proposal and submission. The guidance document may be referred to by several names, including request for proposals (RFP), request for applications (RFA), and Notice of Funds Availability (NOFA). Based on a quick review of the information, you are considering developing a proposal under this recently released grant program. Considering the size of the guidance document, one would assume that the items and services eligible for purchase with the grant funding are clearly delineated.

The application has been submitted, the award has been drawn down, and all seems quiet on the grant front. Can you relax, now that the project planning and actual writing has been drawn to a close?

Even after a priority funding opportunity is identified and an organization is beginning down the grantwriting road, there are still pitfalls and roadblocks on what seems like a simple linear path. Employing a grantwriter that is not on organizational staff and might not be familiar with the intricacies of the project is a method of grantwriting that can present its own unique challenges to the grantseeking process. Grantwriting engagements involve both give and take—there is a necessary level of exchange of information and expectations from both the client and the grantwriter. Successful engagements often involve executive and editing support from those outside of the immediate grantwriting and client staff, and the grant development phase can become an arduous process for everyone if expectations are not clear. Collaborative involvement between a client and a professional grantwriter can result in the development of a superior proposal, and many common pitfalls of such an engagement can be avoided if all involved parties understand and commit to their roles in the grantwriting process.

By Vince Siragusa
October 2010 (GO Know)

Wouldn’t it be nice if you could run a project by the grant maker before spending hours on a grant proposal? Needless to say, you don’t want to waste valuable time and resources positioning an application with limited funding potential. Inasmuch as the applicant’s time can be better spent exploring other funding avenues, the grant maker doesn’t want to be inundated with applications for projects they have no real interest in supporting. Understanding the role of the Letter of Intent or Letter of Interest (LOI) is one of true time savers in the world of foundation grant seeking. This document must be as well developed as the project for which funding is warranted.

As many organizations and agencies can attest, nothing quite compares to the disappointment of an unfunded grant application, particularly one that an organization has put its full weight behind with planning, implementation, and drive. It's tempting to take that application, throw it in the trash, and move on. However, successful, tenacious grantseeking often involves taking those applications that were not successful and learning from them.

Anyone who has ever been involved in a fundraising effort will recognize the following scenario in terms of process. A specific need for the organization has been identified. The equipment and training associated with the project will inevitably save time, money, and provide a long lasting impact to the community. Fiscally responsible organizations often factor in some level of cost-benefit analysis in their prioritization of projects, and without a viable funding source, often the project finds itself on the back burner when other costs such as salaries and overhead are factored into this zero-sum game.

In the grants world, "matching funds" means bringing two different funding sources together for one project. Match or cost-share requirements are minimum amounts of funding that must be derived from a source other grant funder. The purpose of match requirements is usually to promote collaborative efforts, as discussed in the July issue of GO Know, and/or demonstrate the ability of your organization to sustain a project beyond the life of a specific grant.

In the shadow of the recently closed Investing in Innovation (i3) grant program, the importance of collaborative projects and clear partner agreements remain vital pieces of a grantseeking and project development phase. This particular program involved the possibility of collaborative efforts, and documentation of these collaborations was required for this type of engagement.