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?

Next Step?

Contact Marsha Mattingly, director of Grant Development & Compliance