other things to remember
This section provides some reminders.
other things to remember
- Fundraising is all about relationships and communication. It's beneficial to thank and recognise funders as not all of them only fund on a one-off basis — they may fund again. Also, when an application is declined, find out why.
- Government agencies, corporations, foundations and trusts tend to prefer to fund finite projects that will come to an end when their aims have been achieved, rather than core costs such as salaries and rents, which are ongoing. A strategy for dealing with this is to build salary and overhead components into the cost of projects.
- There are usually special terms and conditions attached to project funding e.g. many organisations require you to have raised a proportion (commonly one-third) of the money you need for your project before you apply to them.
- Some funders will only fund organisations that are in partnership with an umbrella group or who have their own legal form e.g. registered as an incorporated society or charitable trust. For more information about becoming a legal entity refer to Section 3 — Organisational Structures. Other funders may put limits on the size of any grants they make to groups operating without a legal form e.g. they may fund up to $5,000. Funders are also starting to specify that they will fund only those organisations registered with the Charities Commission (refer to www.charities.govt.nz).
- Unitec has some Community Funding courses available especially for not-for-profit and community organisations. For further information on these courses, refer to Unitec's website www.unitec.ac.nz. Alternatively, you can contact Unitec Course Information on freephone 0800 10 95 10 or phone (09) 815 2945 or email courses@unitec.ac.nz.
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