Grant funding
Foundation grants are a common and significant nonprofit revenue source, especially for programs, projects and initiatives.
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Secure needed funds through foundation grants.
Foundation grants are a common source of nonprofit revenue, making up about 18 percent of all revenue sources. Foundation grants can make a huge difference to an organization’s programs, initiatives and overall budget, but they also require special management, and many foundations prefer to fund projects and programs versus general operations. Land trusts who accept foundation money often find it is restricted in some way, which requires special financial tracking. Be sure you have the financial systems in place before reaching out to foundations. Whether you seek to pursue local community foundations or major regional or national foundations, a key place to start is with research and outreach to those whose funding programs align with your land trust’s mission and goals.