Having an overall grant strategy is standard. Setting goals, creating a researched and vetted grant calendar, and writing multiple narratives- these are all part of a macro grant strategy.
Do you develop micro grant strategies for each program within the organization?
I recently started thinking more about this, and here is my approach…
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Most of my clients have multiple programs within their organization. These programs target different demographics, offer different services, and require different levels of funding.
When I develop a program grant strategy, I reverse engineer it. First, I look at the program annual budget. Then I look at the median grant amount in the program’s focus area. I divide the total program budget by the median grant amount, and that lets me know approximately how many grants I will need to win to meet the goal. I add 250% to that number, and this is how many grants I will apply for.
I do this for each program. This approach allows me to apply for grant funding that is proportionate to the individual needs of the programs.
Until next time,
Write Epic Grants
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