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WHAT DO FUNDERS WANT? An insider’s guide into our thoughts and strategies along with tips and tricks! Laura L. Duty

W HAT DO FUNDERS WANT ? An insider’s guide into our thoughts and strategies along with tips and tricks! Laura L. Duty

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WHAT DO FUNDERS WANT?An insider’s guide into our thoughts and strategies along with tips and tricks!

Laura L. Duty

WE WANT TO BE ADORED AS MUCH AS WILLIE!

WHAT DO FUNDERS WANT?SESSION OVERVIEW

Part 1:Why do we ask the questions

we do?Why do we ask for so many

attachments?Do we really learning from

site visits?

Part II:Top Ten Tips to nonprofits.

Part III:It’s your turn to ask the

questions you have always wanted to!

HOPE CONSULTING IN PARTNERSHIP WITH GUIDESTAR. MONEY FOR GOOD II (2011)

Individual donors was to give to a reputable nonprofit that will make good use of the money.

Advisors want to find acceptable and appropriate agencies that meet their clients needs.

Foundations want to maximize impact by funding most effective organizations.

Individual donors rarely research, not true of foundations and advisors.

HOPE CONSULTING IN PARTNERSHIP WITH GUIDESTAR. MONEY FOR GOOD II (2011)

Expected Impact

Past Performance

Financials

Cause

Mission, Leaders

Legal status & legitimacy

Other Program Funders

Compare with other NP

Endorsements/opinions

0% 20% 40% 60% 80% 100%

Foundations

WHAT DO FUNDERS WANT?

GIVING USA 2013

Total Donations to Nonprofits in 2012, $316.23B

Individual Donors $228B

Bequests $22B

Foundations $47B

Corporations $19B

WHY RESEARCH?DUE DILIGENCE, WHAT IT INVOLVES.

WHY RESEARCH?DUE DILIGENCE, WHAT IT INVOLVES.

History and Track Record Governance and Leadership Vision and Strategy Proposed Project: Planning, Outcomes,

& Evaluation Human Resources External Communications &

Relationships Financial Health

SITE VISITS, THE LONG AND LONELY ROAD.

DO YOU EVER FEEL LIKE THIS?

ARE WE THE WITCH?

WHAT DO FUNDERS WANT?TOP 10 TIPS

Do Your Homework Contact Foundations re: Guidelines Ask for Guidance re: Request Read the Proposal before Submitting Understand Basic Financial Statements Plan for a Site Visit Follow up from a Site Visit A No may not be Forever, the same for a Yes Contact Foundations re: Changes with a

Grant Do your Homework

WHAT DO FUNDERS WANT?

WHAT DO FUNDERS WANT?

WHAT DO FUNDERS WANT?

WHAT DO FUNDERS WANT?WEST TEXAS RURAL PHILANTHROPY DAYS, 2013

Laura L. Duty

Carl B. & Florence E. King Foundation

214-750-1884

[email protected]