How can you pay a contract fundraiser and grant writer?
The fastest and best method is thru discretionary funds, not through grants themselves. Save yourself time and headache by avoiding any thought or discussion around paying a proportion of a grant.
A high professional association of grant writers - American Association of Grant Professionals (AAGP) - asks its members to "just say no" to commissions or any type of proportion compensation. Stay removed from commissions or people who say they will write a grant for a commission.
You're better off paying a freelance grant writer a flat fee or hourly fee up front. From what source?
Pay your fundraiser and grant author from your discretionary fund. A discretionary fund is money you'll use for whatever purpose you decide on in meeting your agency's mission. The foremost common source of discretionary funds is Individual Donors.
By contrast, grants aren't discretionary funds. They need "strings attached." They limit how your money is spent. Since you can not pay a grant writer from your grant, it's best to create up your discretionary fund to get help with fundraising, grant leads and grant writing.
4 Quick Ways to Build Your Discretionary Fund
Here are four of the fastest ways in which to build your discretionary fund...
Hold an annual fundraising event, like a raffle, golf tournament, concert, dinner. Brainstorm along with your board fundraising events that work your mission. Explore events that faucet your board's expertise and that your board will get behind. For instance, one start up nonprofit raised $45,000 in its terribly initial fundraising dinner by roasting high state male and feminine senators and representatives.
Produce a Founder's Circle. This is ideal for startups, however will be used by any nonprofit at any time. Folks prefer to be the first ones involved in a project. Lead off the campaign yourself or raise a board member to lead off. For instance, I led off by stating that I would donate $500 to a brand new nonprofit. Then, I challenged others, "Who will join me in being half of a Founder's Circle?" forty people joined me. We raised $twenty,000 in less than a pair of months.
Here's a bonus tip: Generate $100,000 quick ($20,000 a year for five years) by asking your Founder's Circle to conceive to paying a bound amount - say $five hundred - every year for 5 consecutive years. I want I'd have thought of this in the example within the previous paragraph.
Find a corporate sponsor. Raise a local corporation to assist subsidize (underwrite or sponsor) the cost of a fundraiser or grant writer for your nonprofit. Then, recognize corporate sponsors in your newsletter and annual report.
Find a tiny cluster of individual sponsors. Ask each to pay a bound amount each - say $1,000 - to help subsidize (underwrite or sponsor) the cost of a fundraiser or grant author for your nonprofit. Give them a special designation like "Platinum Sponsor."
Author Resource:
Carey Howard has been writing articles online for nearly 2 years now. Not only does this author specialize in Fundraising, you can also check out his latest website about:
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