Resource Development
There are 2 parts to this assignment
Each Part must be at least one page.
Part 1- Funding Sources
The most successful fundraisers are good prospect researchers. This means they use existing online and print resources to identify which funding sources (specific individuals, foundations, government sources, etc.) are most likely to fund the organization/project based on past giving, mission, priorities, and geographic giving area.
To prepare:
- Consider a nonprofit organization for which you work or with which you are familiar.
- Analyze 2–3 potential funding sources for this organization.
The organization for this assignment is NAMI (National Alliance on Mental Health)
Part 1- Must at least be 1 page and include:
- A description of 2–3 potential missed funding opportunities. Explain why they are or might be missed.
- Describe potential funding sources and explain why they are appropriate for your organization.
- Analyze the strengths and limitations of each funding source.
- Finally, describe any potential missed funding opportunities. Explain why they are or might be missed.
Be sure to support your postings and responses with specific references to the Learning Resources and outside scholarly resources.
Part 2- Foundation Prospect Research Challenges
When researching foundations (corporate, community, private, or family), it is important to learn as much as you can about each potential source. You can then evaluate whether the type of foundation is a good match for the organization’s funding need.
To prepare:
- Consider a nonprofit organization for which you work or with which you are familiar.
- Analyze potential prospective foundations that might support this organization.
The organization for this assignment is NAMI (National Alliance on Mental Health)
Part 2 must be at least 1 page and Include:
- A description of two foundations you have identified as higher prospective donors.
- Describe two foundations you have identified as lower prospective donors for your organization.
- Evaluate how each would or would not be a good prospective donor.
- Be sure to explain how you arrived at your decisions.
Resources
Martin, V. (2010). Prospect research. In E. R. Tempel, T. L. Seiler, & E. E. Aldrich (Eds.), Achieving excellence in fundraising (3rd ed., pp. 125-137). San Francisco, CA: Jossey-Bass.
Williams, K. A. (2013). Leading the fundraising charge: The role of the nonprofit executive [ebrary version]. AFP/Wiley fund development series. Somerset, NJ: Wiley.
Filla, J. J., & Brown, H. E. (2013). AFP/Wiley Fund Development Series: Prospect Research for Fundraisers: The Essential Handbook. Somerset, NJ, USA: John Wiley & Sons
Tsiotsou, r. (2007). An empirically based typology of intercollegiate athletic donors: High and low motivation scenarios. Journal of Targeting, Measurement and Analysis for Marketing, 15(2), 79-92
Walden University, LLC. (Producer). (2009c). Resource development: Funding sources [Video file]. Baltimore, MD: Author.
Requirements: at least 2 pages
Answer preview
Nonprofit organizations get their funding from different sources. Individuals, foundations, and corporations are the main sources of private funding that support nonprofit organizations. National Alliance on Mental Health (NAMI) is an organization for mental health that serves to build better lives for Americans affected by mental health-related sicknesses. The organization gets its funding from individuals, major foundation and corporate sponsorships, events, grants, dues, and other partnerships. Individual contributions make up the highest part of the funding NAMI gets.
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