Before you start sending off grant applications and solicitation letters, it is important to ask yourself if you’ve done the necessary groundwork for your fundraising efforts. Coming up with answers to these simple questions will help you target your efforts and make your organization more appealing to potential donors:
- Do you have a fundraising plan? Do you have a budget?
- Who do you think are likely contributors to your projects? What is the makeup of your current base of contributors?
- Do you have the human power and time needed to develop a well-researched and supported fundraising strategy?
- Do you have the necessary tools for tracking donors, managing money, and acknowledging contributions? Do you know what this would entail (i.e., do you have a plan) even if you do not have it in place yet?
- Do you have a written mission and have you developed solicitation materials?
It’s time to let a long-held secret out of the bag: There is no such thing as a magic fundraising wand you can wave to find that one foundation, corporation, or individual who will cover your project’s needs without requiring more effort. The only fundraising magic you can do comes in the form of plain hard work. To be effective at achieving your mission in a sustainable fashion, your project needs diverse sources of income. That means laying the groundwork and doing the preparation necessary to raise the funds you need.
Fractured Atlas staff will work with your project one-on-one to help you clearly define the kind of funding you’ll need to accomplish your mission. We will also help you establish short and long-term goals for all of your income categories.
Please contact our staff to schedule this one-hour phone meeting. We offer one free one-hour phone consultation per year for our projects. We're sorry we can't accommodate in-person meetings!