How to approach for NGO Funding ?

Funding is of outmost importance to an NGO for its daily and activity fulfillment. Due to continuous funding and flow of funds, they can provide solidarity to major activities undertaken by the NGOs. There are many types of funding agencies which provide support and funding to non-profit organizations, small NGOs. But these NGO Funding agencies have their own guidelines, terms, and conditions while also having definite conditions by the Government of India. There are certain terms and conditions relating to their CSR activities and are parts of the bigger conglomerate of companies. But the NGOs often keep the listings of the donors and other related agencies a secret from the societies and only reveal at the time of audit. These agencies are not related to any agency or endorse any recommended agency or organization for any purpose.
Project Proposal Writing
A project proposal is kind of formal proposal describing the plans for some sort of action to be taken by the NGO. One of the strongest suits of our company is providing consultancy to the NGOs about writing their Project proposals. There are various usages of the Project proposals as it can be used to obtain a federal grant or to convince a board of directors to fund some new projects or ventures. They consist of various sections which include an executive summary, a description of the problem or a goal, history or background of existing conditions, a research review and various such things which makes the Project proposal look interesting. Utmost care must be taken while writing project proposals because they are the first thing a funding agency would look for before heading on to meet personally.
Institutional and Government Fund Raising
Our company is well versed with any sort of detailing for fundraising. we also have a database of institutions or bodies for Indian and Foreign countries as well. The list that we have consisted of bigger financial companies and corporations who donate large funds for development and infrastructure for the underprivileged societies of the country. Therefore the NGOs would require a project proposal mentioning the work area of NGO, their strategies, plan of work and areas of expertise which is required to get institutional or governmental funding.
Different Plans for Fund Raising
There is a requirement of a perfect framework for fundraising plan. This framework must also consist the development efforts of the NGO along with its financial planning to spend the funds at the right place. These frameworks would help in planning the future and ensure the organizations’ stability. If the NGOs plan their fundraiser better, it helps the organization in generating multiple revenue streams, to set their priorities, strategies and the objectives for the organization success. But what would the planning entail? The planning would include asserting the organization’s readiness, review of the data pertaining to their fundraising effective, audit of the current and projected goals, in identifying target audiences, developing implementation, evaluation and monitoring strategies.
Corporate Fund Raising
In recent years, the corporate fundraising in the NGO sector has quite increased as compared to other fundraising techniques. In the case of an NGO, the corporate Fund Raising means raising resource from the organization which has an initiative for corporate social responsibility. In this field also, our company has gained substantial resources to tap profitable corporate and socially responsible organizations.
Foreign Funding
Foreign funding is important for various types of NGOs to thrive in the country who generally do not have great financial backing in the country. There are various foreign funding agencies and trusts who support the causes in the Indian Markets as well. Some of them are Ford Foundation, Bill & Melinda Gates Foundation, USAID, DFID, NORAD etc. These funding agencies to provide good funds to Indian NGOs provided you give them proper approach fundraising proposals.
Our company would provide adequate research and care to ensure that the NGOs have a great funding proposal in writing which matches the agenda of the donor. An FCRA account is required for seeking foreign donation/support/aid.