Question: I run a nonprofit organization with a 501(c)(3) status with the IRS. We’ve been around a few years, and our services are needed and appreciated. But we would like to do more. We want to expand our program and reach more people. Are there any grants that could help us, or do we need to wait until we’ve been in business longer?
Answer: Great question. It sounds like you and your board have done things right. You have obtained 501(c)(3) status which means that contributions to your organization may be tax deductible. It also means that you meet an important qualification of applying for grants since most foundations are required to limit their funding to organizations with that particular IRS status.
If you have your financial house in order and your programs are meeting the needs of needy populations, your organization should explore the possibility of grant funding. There’s a ton of money out there for organizations doing important work. More than $50 billion a year are awarded by foundations and corporate charitable funds to organizations of various sizes throughout America. I’d encourage you to seek the help of a professional grant writer who can review your organization’s needs and goals, and do the research necessary to find the specific opportunities that would fit your particular situation.
However, after more than 30 years in the business of grant writing and research, I can tell you without reservation: Don’t try to do it alone. Seeking grant funding is no simple task; let a professional help you.
I provide the initial consultation without a charge. Give me a call if I can be of help. (253)988-5056.