About Money Talks
Money Talks is an online publication produced by the Ontario Council of International Cooperation (OCIC) that presents innovative solutions for common funding challenges faced by development professionals and organizations. This capacity building tool helps spark new creative ventures for organizations seeking to diversify their funding options and deepen the scope of their work. Each issue tackles a different development theme and gathers advice from key philanthropists, social innovators, and fundraising professionals.
MONEY TALKS ISSUE 4: Let’s Talk Foundations
In the previous Money Talks issues, we have covered fundraising strategies, methods on funder research, and grant proposal writing basics. The fourth and final issue serves as a continuation of our previous discussions, by focusing on the roles and funding mechanism of foundations.
Moving from a handbook-style approach, Money Talks Issue 4: Let’s Talk Foundations, aims to provide real life examples on grant-making processes and suggestions on grant-seeking best practices through a series of interviews and webinars. In this issue, we invite representatives from prominent foundations in Canada that have extensive experience working with nonprofits, charities and individuals to mobilize initiatives making a difference locally and globally. In the interviews and webinars, our guest speakers will join us to introduce their respective institutions, funding models, and grant cycles – including fund gathering, proposal call drafting, screening, and reporting mechanisms.
An additional focus will be on the rising significance and embodiment of the Agenda 2030, the Sustainable Development Goals (SDGs), and gender equality within Canada’s current funding landscape – How do foundations incorporate the SDGs in their funding calls, screening and reporting processes? How can grant-seekers demonstrate stronger understanding of the Agenda to better meet the mandates? And what roles do the foundations play in the Together for Gender Equality movements?
Money Talks Issue 4: Let’s Talk Foundations will continue the accessible language and nature of its predecessors. We hope the outputs will help Canadian nonprofits, charities, and individuals gain deeper understanding of the grantmaking sector and enhance their capacity to engage with foundations in the future. The issue will be published on an ongoing timeline throughout winter (January – March) 2019.
Following each interview, a webinar will be hosted to provide more in-depth information and offer the opportunity for you to join the discussion. Questions in each webinars will vary based on the respective interview answers, but some key questions can be found below:
- What does the Foundation’s funding cycle look like?
- How is a funding call’s details (criteria, scope, duration, amount, etc.) decided?
- What are some of the key mandates and red flags that you look for in a proposal?
- Was there a proposal and past collaboration experience that really stands out to you?
- How does the foundation align its work with Alliance 2030/SDGs and gender equality?
- What do you look for in reporting? Are there any key impacts that weigh more than others?
- How does your foundation sustain this grantor-grantee relationship in the long term?
- How could small and medium sized organizations (SMOs) meet the foundation’s mandate and become competitive candidates for the grants?
- What is your Foundation’s goals and funding plans in the next five years? Are you anticipating any shifts in priorities and/or transformations?
Past Issues of Money Talks
Money Talks Issue 3: Don’t Take Grants for Granted
The third Issue Don’t Take Grants for Granted will help you find other grants, and others in this series will help you develop a strategy to find revenue from major donors and the wider public. If you are having trouble getting or receiving grants, this article will help you find grantors and learn how to connect effectively with governments, foundations, corporations, and other less well-known grantors.
Access Money Talks Issue 3 Proposal Writing Toolkit here.
Money Talks Issue 2: What’s the Money for? Building Your Case for Support
Money Talks Issue 2 shares insights on developing compelling stories, appealing to different donor types, harnessing the power of persuasive language and includes case for support templates to increase fundraising success. The newsletter also gives advice on using donor tours as an effective fundraising tool.
Money Talks Issue 1: Determining Your Best Fundraising Strategy
Money Talks Issue 1 focuses on determining your best fundraising strategy. It also shares key findings from Small and Medium-Sized Civil Society Organizations as Development Actors: A Review of Evidence, released by the Inter-Council Network of Provincial and Regional Councils for International Cooperation (ICN) in May 2016. This study provides an overview of the SMO funding landscape and makes the case for more support for SMOs as development actors.