Thursday, August 30, 2007

Rejection Hurts

You have strategically planned, done all of the appropriate research, written a flawless proposal, and sent it off with enough time to spare before the deadline. Ahh a sigh of relief at a job well done. A few months pass by and you finally receive a nice letter from that nice potential funder that starts with:

We regret to inform you....

Ugh! What do you do now? Bang your head against your desk, quit your job and become a recluse, write a seething response letter? No. Feel the pain of rejection for a few minutes and then try again.

It might help to know that only one in three grant proposals actually get funded. In some parts of the country people have told me that the average in their region is more like one in five. It is also beneficial to realize that the one funder that does offer the grant award may not give you 100% of what you asked for. Ugh again!

What is a grant development person to do?

1. Approach more than one funder at a time.

2. Utilize diverse funding sources for each and every program. Remember giving by individuals outpaces corporate and foundation giving by a ratio of 80:20. In other words, individuals give approximately 80% of all donations, while corporate/foundations give about 20%.

3. Don't give up. Build relationships with colleagues and others in the field. Learn your craft, and grow in your skills.

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