Proposal & Funding Considerations
Asking the Right Questions
When considering whether or not to pursue a specific funding opportunity, here are some questions to ask:
- Why do we need the money?
- When do we need the money?
- What will we do with the money? What is our project or initiative?
- Does this project or initiative fit with our mission/vision?
- Does the project or initiative match the project criteria in the request for proposal/fit with the areas of interest for the funding organization?
- Who will benefit?
- Who will implement/manage/provide services for the project?
- Do we have the capacity—in terms of staff, space, technology, etc.--to carry out the project/initiative?
- How much time do we need to carry out the project? Is our timeframe consistent with the timeframe of the funder?
- How much money will we need and what specific resources do we need to “purchase” with the funds?
- How will we evaluate the project/initiative to determine if it is successful/effective?
- What data will you need for your evaluation?
- How will we sustain the project/initiative after the grant period?
- When is the proposal due?
- Will the project/initiative involve partners who will also assist in preparing a proposal?
- Taking the answers to these questions into account, is it reasonable and worthwhile to pursue this particular funding opportunity?
Contact Marsha Mattingly, director of Grant Development & Compliance