Grant Services - Advice and Tips

Strategic Decisions Regarding Letters of Introduction

Tue, Oct 30, 2018 @ 10:10 AM / by Carol Timms posted in LOI, grant tips, Grant Writing Tips, grants, letter of intent, letter proposal, Grant Writing and Planning, grants writing, grant planning, applying for grants, grant funding, grant, grant proposal, grant strategies, grant project development, securing grants

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Many grantmaking organizations—especially small, private foundations—do not accept proposals for initial funding requests. Instead, they require grantseekers to submit a letter of introduction (LOI), also known as a letter of interest, letter of inquiry, letter of intent, or letter of request (LOR). Often, LOIs are requested by foundations as a tool to determine which projects they will be invited to submit a full proposal. While each grantmaking organization’s requirements for these letters may vary, most funders want LOIs of no more than one to three pages that describe the project for which you’re requesting funding and indicate the amount of funding for which you’re asking.

But is writing LOIs (as opposed to grant proposals) really worth doing? There are two main strategic approaches to consider: sending many LOIs – vs- fewer full proposals. To determine the best strategy for your organization, consider some of the general pros and cons of LOI writing when seeking grant funding.

Pros

-- LOIs are brief and quick to write.

Most full grant proposals require multiple pages of specific information regarding your funding request, including a project description, timeline, itemized budget, and measurable goals and outcomes. Therefore, planning your project and then writing a good proposal can take days, weeks, or even months. Because LOIs require much less verbiage and rely on more general information, an experienced writer can prepare a persuasive LOI quickly. If you have a collection of documents and text from other proposals and LOIs, the task can be even easier.

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Five Grant Basics: Grant Types and Grant Processes

Thu, Jun 11, 2015 @ 11:06 AM / by Mary Ross posted in private foundation, paid release days, government grants, formula grant, project grant, pro bono services, materials, letter of intent, letter proposal, full proposal

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There is a lot to know about grants and successful applying for them.  We try to pick areas for our blogs that cover some of the more important areas.  Here are five items about types of funding and grant application processes that we hope you find useful.

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