Your foundation will stand for the projects that you choose to fund. You can prove your foundation’s mission statement through the projects that you fund. Once you have chosen to fund any projects, the information of that project will be attached to your foundation’s data forever. Here are some points to help you with assessing good grant opportunities.
A good project will give you as much information as possible. The information should be something that will help you see whether or not the project is going to be successful.
The reason that the project description is very important is because it will tell you whether or not the project’s purpose matches your foundation’s mission statement and your foundation’s focus.
The plan of the project will help you assess the directions that the project is going to take in order to achieve the goals. You can see whether or not this is going to be successful based on your experience of looking at previous projects action plans.
Is the budget reasonable and what’s the balance of the project between achieving its goals and how much budget it requires?
There you have it, some tips on how you can successfully assess a grant project opportunity.
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