Regional Development Australia - Kimberley
Regional Development Australia - Kimberley

Grantseeking Basics

Tens of billions of dollars in government, corporate and philanthropic grants funding is provided each year. The trick is to make sure your organisation gets its share.  The first and most important thing to know about grants is that they are generally given for projects or programs, not for your core funding – wages, administration costs, etc. are almost always excluded unless these are part of the project or program.  Grants are generally tied funds, while money you draw in from membership fees, fundraising events or sale of products can be used any way your organisation wishes. 

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Tips for Grant Applications  -  Government, Corporate and Philanthropichelpful tips logo

The best way to negotiate the world of grants is to think about your needs before you start thinking about what’s available. Hold a brainstorming session and make a list of all of the things your group would like to do, if only it had the money. Make it a living list that’s accessible to key people within the organisation and can be added to and refined as new needs arise and old ones subside. Use this list to inform your decisions about which grants you want to apply for.

Some grant schemes are applicant-driven. This means various groups submit project proposals, and the grant maker picks the one they like best. Others are project-driven. This means the grant maker has a specific project in mind, and advertises for groups who want to run that project.

In any case, any money you receive from a grant will be earmarked for something specific. Before you accept the money, you must be sure you have the capacity to carry out the terms of the contract. After you’ve accepted the money, you have to deliver exactly what you said you would.

The more you can establish ongoing trust with grant makers – that you can deliver projects on time, on budget, and in the same form as they were approved – the more hope you’ll have of achieving a second or third round of funding, or even ongoing funding.

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Cast Your Net Wide

Many groups are unaware of the range of grants they could be searching and applying for. They tend to narrow the options rather than widen them. This HELP SHEET produced by ourcommunity.com will help your group 'cast its net wide' to access more Grant Funding.

This information is courtesy of the http://www.fundingcentre.com.au  - check out their website for more helpful tips on securing funding.