Mona K. Koerner, Ph.D. Policy Consultant Koerner Solutions Goal of Resource Development To generate enough excess revenue over expenses to sustain the organization in order to carry out its mission by: Increasing resources and creating conditions that make better use of those resources Allocating resources more efficiently among competing uses Finding the right balance between income-generating activities and mission-driven activities Planning for resource utilization so that resources are allocated in a way that creates the greatest benefit Federal Funding Pros May provide larger grants than private sector May provide funding to pay for things that you can’t otherwise find funding for Cons Competitive and time consuming application process Sometimes Onerous reporting requirements Federal Funding Processes Block Grants to States and Entitlement Communities HOME, ESG, CDBG, HOPWA MFA, City of Albuquerque Low Income Housing Tax Credits Federal Home Loan Bank Affordable Housing Program (CIP, HELP, SNAP, HAVEN) Economic Development Program Partnership Grant Program Federal Discretionary Grants Continuum of Care, other Departments, grants.gov Examples of Discretionary Programs USDA Rural Development Housing Application Packaging Grants Self-help Technical Assistance Grants Technical & Supervisory Assistance Grants Housing Preservation Grants Rural Community Development Initiative Health and Human Services Planning Grants to Develop a Model for Intervention for Youth with Child Welfare Involvement at Risk of Homelessness Substance Abuse and Mental Health Grants for the Benefit of Homeless Individuals – Services in Supportive Housing National and Regional Intermediaries Enterprise Foundation– HUD Capacity Building Grants Rural LISC Habitat for Humanity International Neighborhood Reinvestment Corporation Preparing for Federal Funding Adequate Systems and Controls Fund or Functional Accounting Finance Committee Research Grant Programs Dedicated person (Not the ED) Government Contract Registration System for Award Management Funding Matrix Action to be Taken Opening Date Closing Date Response Time Agency Division Purpose/Uses Match Requirements Funding Range Requirements Government Contract Registration Formerly Central Contractor Registration (CCR) and Online Representations and Certifications Application (ORCA) System for Award Management (SAM) www.unitedstatesbusinessregistration.us Get a D-U-Ns Number from Dun & Bradstreet Number Successful Federal Grant Applications Fit the Stated Goals/Objectives of Program Thorough and Complete Answers the Questions Formatted Appropriately Tips for Preparing Successful Applications Carefully select the correct program Draft the application BEFORE the Notice is released Begin with the budget Calculate the match correctly and document Write the letters of support yourself Compete the forms last Repeating or Renewing Funding Perform as promised Be timely and thorough in reporting Conclusion Plan ahead. This year’s resources were generated with last year’s planning. Build relationships with funders, banks and organizations that have done what you are trying to do. Develop the systems within your organization that will allow you to make good resource allocation decisions. Improving efficiency and productivity will allow you to do less fundraising. Pursue Federal funding only when it is cost effective to do so and is consistent with the goal of generating more revenue than expenses.