5 Stages of Corporate Citizenship. Read more here

5 Stages of Corporate Citizenship. Read more here

4 ways to attract and select the right grantees

Attracting and selecting the right grantees for your organisation’s grantmaking is critical to ensuring that your resources are used effectively and efficiently. To achieve this, it is important to have a clear understanding of your organisation’s mission and objectives, as well as the specific needs and priorities of your potential grantees.

1. Your mission and priorities

One way to attract the right grantees is to clearly state your organisation’s mission and funding priorities on your website and in other materials. This will help potential grantees understand what kind of projects and organisations you want to support, and will also help attract those who are closest to your mission and goals.

2. Grant management software

Another important step in attracting and selecting the right grantees is the use of grant management software for applicants. This type of software allows organisations to streamline the grant application process and can also help ensure that all applications are assessed fairly and consistently.

3. Be thorough

Once potential grantees are identified, it is important to thoroughly review their applications and conduct due diligence to ensure they are a good fit for your organisation. This can include checking finances, site visits and speaking to references. It is also important to look for organisations that have strong leadership, a clear plan for how the funding will be spent and a proven track record in their field.

4. Build strong relationships

Donor management is another important aspect of attracting and selecting the right grantees. By building and maintaining close relationships with donors, organisations can better understand their funding priorities and preferences and build a sense of trust and loyalty.

Overall, attracting and selecting the right grantees requires a combination of careful planning, clear communication and the use of a system to manage grants and donors. By following these steps, organisations can ensure that their resources are used effectively and efficiently and that they support the projects and organisations with the greatest impact.

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