Is Your Organization Grant-Ready? Nine Issues for Emerging Nonprofits

Early on in the evolution of most nonprofits, operating costs exceed available revenue and at that point, most organizations begin looking for grants to sustain their programs and grow their core operating income. Small, emerging nonprofits face a chicken-and-egg problem – without grants they can’t grow, but without growing they can’t compete for grants. So how can leaders determine if their organization is ready to begin intensive grant seeking? First, it’s important to note that here I’m using the term “grant” in distinction to the words “gift” and “donation.” Smaller, younger nonprofits might well be in a position to begin...