FREE Grant Writing Funder Prospect Research Questions and Answers Flashcards
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What is a 'giving capacity indicator' that prospect researchers commonly analyze when evaluating individual major gift donors for grant-funded projects?
Answer: Real estate ownership and stock holdings
Real estate ownership and publicly disclosed stock holdings are standard wealth markers used to estimate an individual donor's giving capacity.
During prospect research, a grant writer finds that a federal agency has issued a Broad Agency Announcement (BAA). What type of funding opportunity does this represent?
Answer: A competitive solicitation for research and development proposals
A BAA is a competitive solicitation used primarily by federal agencies like the Department of Defense to fund basic and applied research proposals.
Which of the following is the BEST first step when starting funder prospect research for a new program initiative?
Answer: Define your program's goals, target population, and geographic scope before searching for funders
Clearly defining your program parameters first ensures that prospect research is targeted and efficient rather than scattershot.
What does the term 'cultivation' refer to in the context of funder prospect research and relationship management?
Answer: The process of building a relationship with a prospective funder before submitting a formal proposal
Cultivation is the strategic process of developing a relationship with a prospective funder through engagement activities before making a formal funding request.
When reviewing a community foundation's grantmaking data, a researcher notices the foundation requires grant seekers to attend a pre-application workshop. What does this requirement suggest about the research process?
Answer: The organization must factor workshop schedules into its application timeline and planning
Mandatory pre-application workshops must be incorporated into the prospect research timeline because missing them typically disqualifies applicants from that funding cycle.
Which publicly available resource allows grant writers to verify whether a potential corporate funder has previously been cited for regulatory violations that could pose reputational risk?
Answer: Federal agency enforcement databases such as EPA ECHO or OSHA records
Federal enforcement databases like EPA ECHO and OSHA records provide publicly searchable compliance and violation histories for companies.