By Alex Gregory, DoGood Fundraising
Grant funding has emerged as a vital — and at times, critical resource in non-profit funding needs, offering non-profits the means to support their capital projects and further their cause.
If you’re viewing this article, you may have already seen first-hand how critical non-repayable funding can be to your organization, particularly for specific projects or (the ever-elusive) operational costs. Non-repayable grants have always been an attractive option for non-profits looking to finance their initiatives without compromising their financial stability.
On February 7, a significant capital grant was made available to charities and non-profit organizations based in Ontario. Here’s some strategies to consider when applying for this grant:
- Does your organization meet strict financial statement requirements, and possess mandatory documents?
- Does your organization have a pressing capital need? Whether shelving, HVAC, accessibility retrofits, or perhaps new equipment or technology, this grant provides significant support.
- Does your organization possess a 5-year lease or proof of ownership? This is a requirement, and anything less than a 5-year lease will be declined.
- Can your organization afford to wait until July 2024 for funds to arrive? This is when we anticipate cheques to arrive based on successful grant outcomes.
Applicants should adopt a strategic approach to capital grant funding by reviewing grant details. DoGood Fundraising can make this information available to you at no charge.
For any inquiries related to our grant writing services or how we can help you win a capital grant, contact me, at sales@dogoodfundraising.ca.
