Ignorance,Not,Bliss,Dangerous, business, insurance Ignorance Is Not Bliss, Ignorance Is Dangerous
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Ignorance about Funders and your own Program or Project is dangerous and usually results in cost:Missed fundingLost fundingReduced FundingWasted TimeExtra Cost Because lack of information and understanding can be embarrassing and costly, before you even seek funding you need to know:The goals, mission, priorities and funding history of the funder – potential or existingWhere your organization/project fits in the funder’s schemeThe requirements and expectations of the funderOutcomes – what do they expect you to produceMeasurements – what and howReporting – statistics, form, software, proofTimeframes – reports due, project completion, phase intervalsLeniency – do not assume that because the Funder is altruistic they are equally as understanding of missed deadlines and outcome shortfallsWhat constitutes non-compliance – non-compliance is not just for government grants, promises not kept are actually non-compliance and can result in discontinued funding and/or no future fundingWithout all the ingredients a cake will fall flat or lack taste. You wouldn’t start to bake a cake without all the ingredients, would you? Everyone has done it and suffered the consequences of an aborted bake, emergency trip to the store or failed attempt to substitute. Which comes first, the chicken or the egg? The funds or the program/project? An undeveloped or underdeveloped project/program/organization will not get funding – at least not sustained funding. It is getting harder and harder to get funding, even initial funding, because of the competition and because funders have been burned. Even if you are seeking funding to develop a program you still have to completely flesh out the “project to develop the program”. So fully develop the project/program/mission before you seek funding!Including:Outcomes and measurements – what you will accomplish and how you will know you accomplished itSteps to outcomesBudget – a real one for the life of the projectParts and piecesPeopleSuppliesEquipmentPartners – with a fully developed role and commitment, not just a “we will participate” letter. Don’t assume you will work out details and roles later. If not fully developed and committed before starting a program/project the partnership may not materialize at all or not in the necessary form. It does not enhance your reputation/relationship with a Funder if you have to say that a partnership did not work out.What you bring to the partyExperienceResearch / DataClientsDonorsSpaceProgram that can be expandedMeasuring and Reporting – how you will gather and present. Don’t forget to calculate the cost of this:Actual costsSoftware if you have to purchaseAdditional personnel – maybe specializedOutside evaluator – if required or if you need one to keep you on track.Soft costsTime not spent on other activitiesChanges to present operation methods – accounting, tracking, use of space, privacy policiesFollow Up – typically underestimated, but almost always required to do proper measuring and reporting Funders want outcomes – outcomes require follow up
Ignorance,Not,Bliss,Dangerous,