I sat down today to draft an LOI for a funder that awarded a large grant last year. And then, I saw it.
“Organizations must wait 3 years to reapply after funding.”
UGH!
Moments like this underscore why we can’t rely on the same funders year after year. Eligibility rules, funding focus, funding cycles, and other restrictions can create gaps if diversification isn’t built into your grant strategy.
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An effective annual grant strategy starts with assessing your current financial reality and then planning ahead with intention.
Consider the following as part of your planning:
Cash flow
Program timelines
Length of grant decisions
Diversified grant opportunities
This type of preparation reduces risk and allows organizations to move forward with confidence instead of urgency.
When we proactively plan, we are better positioned to win the funding needed to sustain programs, launch new projects, and identify funders aligned with our mission- no matter what restrictions funders place on future applications.
Until next time,
Write Epic Grants