Ep. 58: How to Knock your Letter of Inquiry out of the Park in 10 Steps!

Published: Jan. 10, 2019, 11:51 a.m.

b"Hi Changemakers,\\n\\nA Letter of Inquiry is a gateway to funding. This Letter of Inquiry, not to be confused with Letter of Intent, can be the difference between a foundation accepting a full application from your nonprofit or shutting you down.\\n\\nThese are 10 steps to Write a Successful Letter of Inquiry that will secure your Invitation to Apply for a Grant\\n\\n#1 Alignment\\n\\nYou will normally find requests for Letters of Inquiry from private foundations. Basically, they want to get a snapshot of what your nonprofit is all about before they consider inviting you to share more in a full proposal. Just because there is tons of money out there, doesn\\u2019t mean you should apply to every single foundation in the world.\\n \\n#2 Overall Tips on Format\\n\\nBe succinct. No flowery prose here. Be logical and make sure you include an objective, goal, and budget. Do not use cute, flowery, or whimsical language. Save that for your blog or journal.\\n\\n#3 Salutation\\nInclude the date you are submitting at the top of the page, as well as the person\\u2019s name and title of who it should be addressed to (find a NAME \\u2013 never just write \\u2018To Whom it May Concern\\u2019), and the address of the foundation. Utilize the good ole' fashioned, \\u201cDear NAME of PERSON\\u201d.\\n\\n#4 Introduction (one short paragraph)\\n Unless otherwise required by the foundations you will include steps #3 through #9.\\nYour opening paragraph is where you get the attention of your reviewers from the foundation. Keep this paragraph very short. Do not explain the need and how you will roll out the project, yet. \\n \\n#5 The Need or the Why (2-3 Paragraphs)\\nYou\\u2019ve already stated what you need, now state why you need it. Give a few stats to back up the need. Try to utilize stats or surveys that are within the previous five years.\\n\\n#6 Project (2+ paragraphs)\\nExplain your goal\\nList the objectives\\nList the activities\\nList your partners\\n \\n#7 Outcomes and Evaluations (1\\u20132 paragraphs)\\nWhat are the main outcomes? \\nHow will you evaluate this?\\n\\n#8 Validation of your Nonprofit (1\\u20132 paragraphs)\\nThe last part is where you get to explain why your nonprofit is a rock star. Tell why your nonprofit is the best to carry out the activity.\\n \\n#9 Budget (1\\u20132 paragraphs)\\nMost funding sources would like a snapshot of the budget. If you have space include a little snapshot of a graph of the money.\\n\\n#10 Conclusion (1 short paragraph)\\nProvide a \\u2018Thank you\\u2019 and appreciation for the reviewer\\u2019s time. Also include a contact name, email address and phone number.\\n \\nThese are the 10 steps to completing a successful Letter of Inquiry. The other thing is by doing this Letter of Inquiry you really have to get clear on your project. The 15-page grant will feel like a cinch after doing this Letter of Inquiry!\\n\\nFavor, please?\\nIf you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener?\\n\\nThis helps others find the podcast and I read each and every review!\\n\\nIf you have any questions, feel free to email\\nholly@grantwritingandfunding.com \\n\\nI\\u2019d love to connect with you!\\n\\nYouTube: https://www.youtube.com/channel/UCWzIfwJt0az9KKwKz1Uc8vg \\nInstagram: https://www.instagram.com/hollyrustick \\nLinkedIn: https://www.linkedin.com/in/holly-rustick-0765b817/ \\nFacebook: https://www.facebook.com/grantwritingandfunding/ \\nPinterest: https://www.pinterest.com/grantwritingandfunding/ \\n\\nThanks for listening!\\nHolly Rustick\\nExpert Grant Writer & Bestselling Author\\nhttps://www.grantwritingandfunding.com/ \\n\\u2728\\u2728 Visit www.grantwritingandfunding.com to get the proven G.R.A.N.T.S. formula to write winning grants \\u2728\\u2728"