Frequently asked questions - Grant application
1. How do I know if my organization is eligible or I am eligible to apply for a grant?
Eligibility for grants is determined by the Funder. By checking the "Eligibility" section of the appropriate Request for Application (RFA), an organization or individual can assess the eligibility criteria.
Funders often fund nonprofit organizations with a public charity status (section 501(c)(3) of the Internal Revenue Code). In the event that an organization does not possess a public charity status, it's fiscal sponsor should have a public charity status.
2. What is a Request for Application (RFA) ?
Funders announce funding opportunities through the publication of requests for applications (RFAs). An RFA offers information about specific funding opportunities ( purpose, eligibility, restrictions, focus areas, evaluation criteria among others) and instructions on application procedures.
3. When are funding opportunities announced ?
Most funders tend to publish RFAs on an annual basis . By subscribing to the newsletters or publication of some funders, an individual or organization can receive notifications of new grant opportunities.
4. Can I use a grant to fund my business?
Most foundations do not offer grants to for-profit businesses. In exceptional situations, a funder may offer a grant to a "for-profit social enterprise with a strong social mission.
For more information, click on the link below:
5. Will I receive funding once I apply for a grant?
Funding for projects is dependent on several factors such as the reputation of the not-for-profit, its' networks, strength of the program(s), competitors, available funds among others.
As such, a compelling application that meets the eligibility criteria of funders has a greater chance of being funded.