Effective Grants Management | The Impact Post
Issue #41 | Fri, May 24, 2024
Dear NuSocia Patrons,
Grant making presents a unique opportunity for organizations to demonstrate leadership, foster innovation, and contribute to a more sustainable and equitable world. As a donor, understanding the dynamics of effective grant making is crucial to maximizing impact and fostering positive change.
Effective grantmaking demands a multifaceted skill set encompassing strategic vision, socio-economic knowledge, stakeholder engagement, due diligence, financial management, innovative thinking, and cultural sensitivity. By embracing these skills, donors can leverage their resources and expertise to drive positive change and create shared value for society and stakeholders alike.
Changing Realms
Navigating the Evolving Landscape of Grantmaking
The landscape of social and environmental challenges is constantly evolving, requiring donors to be adaptable and responsive to emerging needs and opportunities. Flexibility in grant making allows you to pivot strategies, reallocate resources, and address new priorities as they arise.
In this report, the NuSocia Translational Research Centre (NTRC) delves into the trends, challenges and their solutions, and the future of grantmaking.
From Application To Award
The Grant Seeker's Guide to Unlocking Funds
Based on our extensive research and experience in designing grantmaking processes, we have created a grants process map that intricately details each step from the initial announcement of grant opportunities to the final award decision. Gain valuable insights into the dynamics and interconnections that govern the grantmaking landscape, empowering you to navigate the process with confidence and clarity.
Good Things Take Time
Long Term CSR Projects: A Strategic Approach
Funding long-term CSR interventions is not merely an act of corporate benevolence; it is a strategic investment that yields significant social, environmental, and economic returns.
Businesses that embrace this approach will not only contribute to a better world but also secure their own future in a rapidly evolving marketplace.
#NuSociaPicks
Philanthropy Trends: A Look into the Future
From the rise of digital fundraising platforms to the growing emphasis on impact investing and sustainable development, modern philanthropy is becoming more innovative, strategic, and inclusive. Understanding these trends provides valuable insights into the future of charitable efforts and highlights the dynamic nature of philanthropy in addressing the world's most pressing challenges. Read the trend report here.
#ShiftThePower through Participatory Grantmaking
Deciding Together: Shifting Power and Resources Through Participatory Grantmaking looks at why and how funders are engaging in participatory grantmaking and shifting decision-making power to the very communities impacted by funding decisions. Through examples and insights from a diverse range of participatory grant makers, the report explores the benefits, challenges, and models of participatory grantmaking.