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notes on grant proposal for corporate foundations

notes on grant proposal for corporate foundations - Are you...

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Are you up for the next challenge in the grant writing world? We've already discussed the elements you'll need in your grant proposal, the options for finding charitable foundation prospects, and the roles of the leading organizations involved in foundations. We talked about the Foundation Center in considerable detail in Lesson 6. Whew! Now, we're ready to talk about soliciting grants from corporations and the government. First, we’ll talk about how corporate foundations are similar to and different from charitable foundations. We'll talk also about raising money directly from corporations, and about bypassing the corporate foundation route. And then we’ll talk about approaching government sources and applying what you're learning toward getting Federal and State Grants. Chapter 2 The Nature of Corporate Foundations Corporations are in business to return a profit to their owners, and these are usually their shareholders. However, corporations sometimes have foundations through which they channel their giving. These operate very similarly to charitable foundations. Most of the solicitation rules that apply to charitable foundations apply equally to corporate foundations. Their guidelines for making grants will reflect the interests of the donor—in this case, the corporation. For instance, if the corporation has international interests, it’s likely their foundation will consider projects that concern themselves with international matters. If they manufacture crayons, it’s a fair supposition that their foundation might consider supporting children’s activities. I don’t know of any cases where corporate foundations give anonymously. They want the public— and your public in particular—to be aware of the good things they do. A Little Public Heat Over the years, corporations have been criticized by some of their shareholders for giving away funds the shareholders consider to be theirs. There are a few very vocal critics who go from stockholder meeting to stockholder meeting in order to rail about the practice of corporate contributions. They haven’t changed corporate policy immediately, but over the years, they've had a certain influence that results in corporations generally giving less than they did 20 or 30 years ago. In those days, decisions on giving were pretty much guided by corporate CEOs, but that has changed. Now management makes these decisions. The other group that tends to criticize corporate contributions is employees themselves, who sometimes maintain that they should have the option of deciding where donations are made. This criticism from employees has had an interesting effect on the corporate giving world. Some corporate foundations will match employee gifts. This is important for you to know. Getting matching gifts is outside the purview of this course, but I want you to be aware of what matching gifts are, because the terminology may come up in discussions, and I don’t want you to say, "Huh?"
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Some corporations will match the gifts their employees give to certain organizations.
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