Discussion 1: Funding Sources
The most successful fundraisers are good prospect researchers. This means they use existing online and print resources to identify which funding sources (specific individuals, foundations, government sources, etc.) are most likely to fund the organization/project based on past giving, mission, priorities, and geographic giving area.
This week you examine how to conduct donor prospect research to maximize development success.
To prepare:
• Consider a nonprofit organization for which you work or with which you are familiar.
Analyze 2-3 potential funding sources for this organization.
Post by Day 3 a description of 2-3 potential missed funding opportunities.
Explain why they are or might be missed.
Describe potential funding sources and explain why they are appropriate for your organization.
Analyze the strengths and limitations of each funding source.
Finally, describe any potential missed funding opportunities. Explain why they are or might be missed.
Be sure to support your postings and responses with specific references to the Learning Resources and outside scholarly resources.
Discussion 2: Foundation Prospect Research Challenges
When researching foundations (corporate, community, private, or family), it is important to learn as much as you can about each potential source.
You can then evaluate whether the type of foundation is a good match for the organization's funding need.
To prepare:
• Consider a nonprofit organization for which you work or with which you are familiar
• Analyze potential prospective foundations that might support this organization.
Post by Day 4 a description of two foundations you have identified as higher prospective donors.
Describe two foundations you have identified as lower prospective donors for your organization.
Evaluate how each would or would not be a good prospective donor.
Be sure to explain how you arrived at your decisions.
Be sure to support your postings and responses with specific references to the Learning Resources and outside scholarly resources.