Funding Your Non-Profit Corporation
October 31, 2008 by admin
Let’s face it, times are tough and if you are starting a non-profit corporation, you might feel it to be a daunting task to fund your organization. While the resources may not be so evident, there are entities out there that are willing to fund your cause. Plus, you are welcome to explore the grant writing services offered by MyLegaledge.com. We will identify grant sources that meet your organization’s mission and complete the necessary paperwork for you! For more information, you may contact us at staff@mylegaledge.com. You may also leave your comments here at MyLegalReview.com.
In the meantime, let’s talk about a few ideas for fundraising.
Federal Grants: Federal grants do include Faith Based Initiative programs. This is a good place to start if you don’t have a problem accepting federal funds. These grants are renewable, provided you re-apply at the appropriate time.
Private Foundation Grants: Private foundation grants are available as sources of funding for your non-profit. Each foundation will have its own particular set of guidelines to follow to apply. So, make sure you review these guidelines carefully.
Website Donations: In a world of advanced technology, it is a good idea to build a website to highlight you organization and accept donations online. Creating an online presence will definitely give your organization a cutting edge advantage and allow you to reach more potential donors.
Mail Solicitations: If you have a mailing list, you may consider asking for donations via mail solicitations. In lieu of tradition letter mailings, you may also want to try sending your request via e-mail - its a lot faster and a lot cheaper.
Ask Family and Friends: Finally, you can request donations for your organization the old-fashioned way - ask family and friends. Usually, you will receive a positive response from this source, plus the encouragement from family and friends is priceless.
These are only a few things that you can do to fund your non-profit corporation. Take some time to brainstorm and create a fundraising strategy for your organization. With a little planning and some focused direction, you will be able to fund your non-profit without creating undue stress and headaches.
Also, remember that MyLegalEdge.com is here to help you in your endeavor by offering grant writing services for your non-profit. To inquire more about our services, send us an e-mail at staff@mylegaledge.com or leave your comment here at MyLegalReview.com.
Happy Fundraising!




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