Nonprofit Characteristics Foundations Seek Before Making Grants

• A compelling mission — a mission statement of needs and problems that your organization solves, something that differentiates you from the pack.
• Capable leadership — you must have an effective board and qualified staff.
• High-quality, well-regarded, relevant programs — “You want to build your reputation as a high-quality service provider,” Herbert said. “Foundations look to see what your reputation is, and it must be relevant. Why do we need another nonprofit addressing your issue?”
• Efficient operations and support systems — can you deliver on your promises?

Other characteristics of successful nonprofit organizations include:

• Regular organizational planning and evaluation.
• Adequate facilities — technological facilities, physical locations, etc.
• Solid finances with diverse revenue streams — “Fundraising will stay with you for the lifetime of your organization,” Herbert said. “You need to think about all the ways you’re going to bring in support. Foundations don’t like to see you rely on one or two sources.”
• Track record/history — a stumbling block for new organizations, Herbert said. If your organization is still relatively new or doesn’t have much of a track record, foundations may look to leadership of the organization: Who are the leaders? What kind of experience do they have? What are their track records? Planning can also help convince a funder that your cause is worthy as well when your history is brief.

Key elements of getting started