Gaaaaggghhhhhh!
Huh???
WTF? (Why the Twisted Funding?)
Applying for foundation funding has often felt like jumping
through a lot of random hoops.
But lately, it seems the number of hoops is
getting bigger while the size of the hoops is getting smaller. Consider these
funder hoops:
- We do not accept proposals (or letters of inquiry) that we have not already solicited.
- We accept proposals from only organizations with a budget of $500,000 or more.
- We do not fund proposals from organizations without a full-time staff person.
- We do not accept proposals from organizations not currently our grantees.
- We are not accepting proposals this year.
- We will not fund any organizations whose administrative costs are over 20% of its budget.
- We will not fund organizations without at least one full-time staff person.
- We will not provide funding for staff
rent
utilities
fundraising
record-keeping
administrative work
general operations of any kind.
fundraising
record-keeping
administrative work
general operations of any kind.
Only 25 percent of nonprofit organizations spent at least
$500,000 in 2012. If this trend continues, how long until the organizations
that can navigate the hoops constitutes one percent?
