Md. Humayun Kabir
Institutional donors like private foundations, public trusts, aid agencies, and government entities provide consistent grants with over 250,000 global foundations and trusts. They prioritize project details, offering technical support to NGOs while having strict criteria for proposals, budgets, and reporting. Obtaining a grant enhances an NGO’s reputation, but it is a time-consuming and challenging process as donors conduct thorough due diligence before releasing funds. Raising funds from institutional donors requires a strategic and systematic approach. There are two approaches for fund raising from Institution donors i,e, Bid Proposal Submission and Direct Approach to Institutional Donors. Here are the fundamental steps for successful fundraising from these sources.
Bilateral and international donors and grant makers develop country cooperation programs based on government funding policies within the country’s geographic jurisdiction. Donors also have access to international committed funds. Donors follow a three-step process to secure funding: 1) expressing interest, 2) submitting a concept note, and 3) providing a full proposal covering program planning, implementation, management, and evaluation. NGOs enhance their capacity by complying with donors’ policies and guidelines through team building, skills development support, program research, utilizing past experiences, and developing high-quality technical proposals.
The bid proposal review involves assessing eligibility, relevance, experience, and readiness to participate. As a partner, you should be able to contribute to project development by checking various criteria. This includes past experience related to the issue, research or studies in the local context, case studies, documented lessons learned, data on the target area and population, familiarity with the agency’s program approach, identification of risk factors, experienced staff, monitoring and evaluation reports, and organizational capacity. If most of your answers are affirmative, you can participate in joint planning by contributing resource materials and information. This checklist serves as a guide for partners to ensure they are well-equipped to participate in the bid proposal and contribute effectively to the project’s development. The following step needs to be followed for Bid Proposal Preparation:
In order to directly contact donors with unsolicited or unconstrained funds worldwide for development program funding, NGO will be assisted by grant market research for donors’ mapping. The majority of these development organizations are foundations, trust funds, corporate entities, and some grant makers. They are receptive to direct applications or correspondence from NGOs worldwide. Some of them, nevertheless, are committed to specific theme areas in addition to having a preference for their country or region. As a result, NGO must conduct a thorough investigation to discover their committed funds, resources, and methods for contacting or applying directly.
Preparation for direct engagement includes gathering necessary information and materials. Fundraisers must also understand the culture and behavior of potential donors to tailor fundraising strategies. A communication package tailored to the donor’s needs and priorities will be prepared based on the identified committed funds and funding methods. Contact information for relevant personnel or departmental desks will be identified during donor mapping for direct communication.
Communicate directly with donors by sending a tailored communication package via electronic media to introduce the NGO and its programs for potential funding. If the package aligns with the donor’s interests, they will respond promptly; if not, further communication will be initiated by the NGO’s fundraising team through emails and voice calls to establish rapport. This direct communication, utilizing different technologies, allows for discussions about funding opportunities and program concepts to ensure mutual understanding and build a strong relationship between the NGO and the donor agency. The Following Steps needs to be taken succeed in direct approach:
By following these steps and maintaining a strategic approach, you can effectively secure and manage funds from institutional donors to support your organization’s mission and projects.
The article was written by Md. Humayun Kabir, an Independent Consultant, and Director, Creative Services Limited. Email: humayun@cslbd71.com
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