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Indiana Foundations

Indiana Foundations . Identifying, Approaching and Communicating with Indiana Foundations. “I Gotta Get Me One of These”. Overview of session. Indiana Foundations Types and giving objectives of foundations Where does the money go? Where to Look… On-line and In person

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Indiana Foundations

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  1. Indiana Foundations Identifying, Approaching and Communicating with Indiana Foundations

  2. “I Gotta Get Me One of These”

  3. Overview of session Indiana Foundations • Types and giving objectives of foundations • Where does the money go? Where to Look… • On-line and In person • In your own backyard • For specific and non-specific information How to Approach and Receive Funding • Dos and Don’ts • Creating an Elevator Speech • What Foundations Look For… Q&A

  4. Who Gives?Giving USA 2011

  5. Private foundations Community foundations CORPORATE FOUNDATIONS Operating foundations Charitable trusts Giving circles CORPORATE GIVING PROGRAMS

  6. Private Family Foundations

  7. Private Independent Foundations

  8. Private Corporate Giving

  9. Public Operating Foundations

  10. Public Community Foundations

  11. Others

  12. Foundation Giving in Indiana Source: The Foundation Center, 2011.

  13. Where Does the Money Go?Indiana Gives 2008

  14. Finding the Info Onlinefoundationcenter.org

  15. Finding the Info OnlineOther Resources • Information on specific foundations (990s, etc.) can be obtained from Guidestar. • If you visit the Federal Register website and search under NOFAs (Notification of Funds Availability) you will find listings of federal grants available. • If you visit the State of Indiana website at http://www.in.gov and search under “grants available” you will find listings of grants available.

  16. Finding the Info OnlineFoundation Websites

  17. Finding the Info In PersonOther Resources • Your local librariesare excellent sources of information. Many have copies of the Indiana Grantmakers Alliance Foundation Directory. Your local colleges/universitiesand community colleges are also excellent resources. • Center on Philanthropy at Indiana University has very useful information on giving trends, fundraising and philanthropy. They also offer classes in fund development. • Indiana Nonprofit Resource Network offers resources and classes on nonprofit fundraising and management. http://www.inrn.org/index.htm

  18. Finding the Info in Your Own Backyard

  19. Finding the Info in Your Own Backyard

  20. Finding the Info in Your Own Backyard

  21. Finding the Info in Your Own Backyard

  22. Finding the Info in Your Own Backyard

  23. Finding the Info in Your Own Backyard

  24. What to Look For…Specific Information • Application Procedures • Deadlines • Giving Priorities • Giving Restrictions • Giving Amounts • Giving History • Personnel • Board and staff

  25. What to Look For…Non-Specific Information • Clues for Mission Fit • Organizational Culture • Timing of Grant Cycle • Affiliations and Partnerships

  26. How to Approach…

  27. Show Me the Money

  28. How to Approach…Five Don’ts Pounce Beg Waste Time Use Jargon Bad Mouth Other Organizations

  29. How to Approach…Five Dos Do Your Research Follow Procedure Be Professional Be Honest and Don’t Over-Promise Craft Your Message Carefully

  30. Develop Your Elevator Speech

  31. Develop Your Elevator Speech

  32. Top 10 Things Foundations Look For • Mission fit • Measureable impact • Well-written, realistic proposals that make sense • Complete proposals with all attachments • Proven success/good work • Honesty • An understanding of the issues and potential solutions – not just needs • Strong case for funding • Collaboration - when and where appropriate • Strong leadership, vision and mission

  33. Top 10 Things Foundations Hate • Proposals that don’t fit mission or criteria • Proposals that are late • Proposals that are incomplete • Proposals that are poorly written • Proposals that are unrealistic or untrue • Organizations that are poorly run • Organizations that don’t complete work • Organizations that don’t complete reports well or on time • Organizations that don’t understand the issues and potential solutions – just needs • Organizations that can’t make a strong case for funding

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