Holly Rustick is a world-renowned grant writing expert and Amazon bestselling author.
Holly has been coaching grant writers how to run successful 5-6 figure businesses since 2017.
With two decades of grant writing and nonprofit experience, Holly is a popular keynote speaker for events all over the world, podcast host of the Top-Ranked Grant Writing podcast, a former university instructor, and is past president of the Guam Women’s Chamber of Commerce. She is constantly booked out to run trainings to help grant writers grow capacity, increase funding, and advance mission.
Welcome to another episode of Grant Writing & Funding with your host, Holly Rustick. In this episode we delve into the art and science of finding the right grants for your nonprofit or nonprofit clients.
Holly shares valuable insights on the importance of separating grant research from grant writing, and the significance of building relationships with potential funders.
She highlights the need to review and respond to grant instructions diligently, while considering practicalities like eligibility, funding amounts, and necessary documents.
Holly also introduces a grant research package offered by an organization, which includes finding fitting opportunities and providing grant writing services. Plus, she explores the power of analyzing 990s, public information from foundations, to identify potential grants and understand their priorities.
Join us as we dive into the world of grant research and equip ourselves with the tools and knowledge to secure funding for our causes.
Rather than solely focusing on monetary gain, Holly encourages nonprofit organizations and consultants to align their missions with potential funders. By building genuine connections and resonating with funders’ values, the grant research process becomes more than just a transactional pursuit. This perspective shift reduces stress and panic about needing money and helps in creating long-lasting partnerships to support the organization’s mission. Tune in to learn more about the art of grant research and how to build meaningful relationships in the search for funding opportunities.
Are you only reaching out to funding sources once a year? Doing good grant research means that you build relationships with potential funders through regular communication. Don’t just limit your contact to once a year. Instead, consider reaching out multiple times and engaging with program officers and funding opportunity announcements. This direct connection can prove to be valuable, particularly for federal grant funding sources. Don’t miss out on the opportunity to establish meaningful connections and increase your chances of securing funding!
Reviewing funded grants is a valuable practice. Examining awarded grants can shed light on the priorities of funding organizations and help identify untapped areas of opportunity. By exploring the names of recipients, funding amounts, and the impact of these grants, Holly demonstrates how this information can inform your own grant research and writing strategies. Discover how to set realistic goals, gauge appropriate funding amounts, and align your organization’s mission with potential funders.
Doing proper grant research includes examining 990s to gain insights into the actual funding awarded by foundations. 990s are public information that contain details about grants awarded, including the amount and recipient organization. It’s important to utilize 990s to obtain accurate information about a funding source’s grant history, as they can provide more reliable information than the organization’s own website. You can access 990s on platforms like Guidestar.org or local revenue and tax offices, or through specialized grant research software like Foundant Technologies.
Thoroughly reviewing and understanding the funding opportunity announcement (FOA) or request for proposal (RFP) before proceeding further, is a best practice for a grant researcher. These documents, or grant applications, highlight the need to assess eligibility criteria and ensure that your nonprofit aligns with the purpose and goals of the grant. This step is crucial to save time and avoid investing resources into applications that may not be a good fit for your organization.
Grant research is not simply a matter of searching for available funds; it requires a deep understanding of the grant landscape and the ability to strategically identify the best opportunities for nonprofits. It is an art that involves building relationships, analyzing funding priorities, and aligning missions. At the same time, it is a science that involves meticulous research, staying updated with funding trends, and effectively utilizing resources such as the 990s to gather crucial information about grant opportunities. It is a highly skilled service that can greatly enhance the success of grant writing endeavors.
Separating grant research and grant writing in your contracts is vital to capture the importance and value of your services. By clearly delineating these services, both parties can have a clear understanding of the scope and responsibilities. This separation allows organizations to effectively track and compensate for the time and effort spent on each task, ensuring fair compensation for the grant writer and efficient use of resources. We go over how to do this in the Freelance Grant Writer Academy and the Grant Professional Mentorship programs.
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This podcast episode is lovingly sponsored by Grant Easy Management Software (GEMS).
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