How To Target Corporate Foundations?
How To Target Corporate Foundations?
Hiring an experienced consultant is a big step in targeting corporate foundations to raise funds.
Locating funding opportunities is the biggest challenge for non-profit organizations. If you run an NGO and want to increase your funds, you should involve an experienced consultant in the job. Fund collection isn’t your job because you are more focused on public service. However, a consultant can do this job in the right manner.
Let’s see how NGO consultants work.
1. Locating potential donors
Non-profit groups rely on donations from kind-hearted individuals and companies. However, they rely more on businesses for recurring funding. Companies have policies to support non-profit groups to share their profit with society. NGO consultants keep looking for potential donors for their clients who are non-profit groups.
2. Matching donors with NGOs
Corporate foundations support non-profit groups matching their vision, such as education, healthcare, orphans, and widows. A consultant matches donors with NGOs. For example, if you run schools for the children of marginalized communities, you can get support from companies that prioritize education. A consultant can introduce your group to potential donors.
3. Writing grant applications
Companies don’t entertain representatives. However, you can apply for grants to potential donors. The advantage of hiring an experienced consultant is the professional will write grant applications for your non-profit group. The consultant will keep you free from the worries of drafting compelling applications that get selected in the first instance.
4. Resource development
The NGO consultant will develop a resource base for your group. For example, the professional will give fundraising solutions to target potential donors. You can invite companies to your office where you can brief the officials about your work and milestones achieved. The good thing is the consultant will help in communicating with donors.
5. Strategic consulting
The consultant will help develop strategies for raising funds for your social programs. In this way, the consultant will make you independent in funds. You will be able to locate donors and convince them to support your group. If anytime you feel that you need advice, you can go to your consultant and discuss your needs. The consultant will always be available for help.
Locating funding opportunities won’t be a challenge after you join hands with an NGO consultant. It will cost you a price, but it will be a big help for your group. The consultant will give you the confidence to stand alone and emerge victorious. The consultant will equip your organization with the necessary knowledge and experience for raising funds.