The grantmaking application process is a big lift for foundations and nonprofits, alike. This primer takes a look at streamlining the application process from RFP to grant agreement. Found in the guide is a how to on creating RFPs, questions to ask during the grant application review, sample acceptance letter, sample declination letter, and a sample grant agreement. Highlighted here, you will also find an innovative example a group of funders from New Mexico (SHARE New Mexico) took in reevaluating their long standing grantmaking application process and the steps they took in creating and implementing a common application. Finally, we invite you to explore the resources and tools available through GMN's Project Streamline initiative, an effort to assist funders in right-sizing application and reporting requirements, reducing the burden on grantseekers, and seeking feedback to improve grantmaking practices.
No matter how different foundations can be, they all share the need to know what works, and especially, what works well. The better that foundations can demonstrate how their grants are making a difference, the more value they will bring to their communities. To know what works, foundations must evaluate their grants. Evaluation helps the foundation assess the quality or impact of funded programs, plan and implement new programs, make future grant decisions, and demonstrate accountability to the public trust.
In-Depth knowledge on Grant Evaluation
From GEO, what does it mean to truly and authentically engage a community in evaluation? Grantmakers working on place-based grantmaking already have the incentive and drive to support in-depth evaluation, to understand the impact of the initiative, and to identify opportunities to improve their work. Effective evaluation of these complex and multi-faceted efforts is grounded in the perspectives of community stakeholders.
This resource summarizes grant, project, and program evaluation best practices for private foundations.