March, 2010When a nonprofit succeeds in its quest for foundation funding, its work in many ways has just begun. In the Foundation Center's latest release, After the Grant: The Nonprofit's Guide to Good Stewardship, grant winners get much-needed advice on effectively managing grant funds, developing a productive relationship with their funders, and positioning themselves for further grant funding in the future.
"At the Foundation Center, we teach that getting a grant begins with a relationship," said Bradford K. Smith, president of the Foundation Center. "Through the grant, nonprofits and funders set out on a journey together. This book gives you the roadmap."
A truly unique resource, After the Grant is the only book of its kind written on the topic of what should happen after a grant is awarded. It addresses each step in the grant cycle, from the award letter to meetings with funders to securing the renewal. Case studies clearly illustrate the challenges faced and lessons learned by grant recipients. Sound communication practices are a common thread throughout, as such interactions are the backbone of the funder-grantee relationship. A "Troubleshooting Guide" provides practical advice about how to respond when relations between grantee and funder do not go smoothly.
After the Grant is a compilation of chapters written by veteran fundraisers or foundation executives that offers critical insights from both sides of the grantor-grantee equation on how grant recipients can best manage, communicate, and report on funded programs, cementing their relationship with funders.
After the Grant is part of a series that includes The Foundation Center's Guide to Proposal Writing and Guide to Winning Proposals. It is available for purchase ($39.95) at the Center's Marketplace.
About the Foundation Center
Established in 1956 and today supported by close to 550 foundations, the Foundation Center is the nation's leading authority on philanthropy, connecting nonprofits and the grantmakers supporting them to tools they can use and information they can trust. The Center maintains the most comprehensive database on U.S. grantmakers and their grants — a robust, accessible knowledge bank for the sector. It also operates research, education, and training programs designed to advance knowledge of philanthropy at every level. Thousands of people visit the Center's web site each day and are served in its five regional library/learning centers and its network of more than 400 funding information centers located in public libraries, community foundations, and educational institutions in every U.S. state and beyond. For more information, please visit foundationcenter.org or call (212) 620-4230.