American foundations are big players in the U.S. philanthropic scene, accounting for 12.4% of all charitable giving in 2006, according to Giving USA 2007, the yearbook of philanthropy published by Giving USA Foundation and researched and written by the Center on Philanthropy at Indiana University.
Many ministries and nonprofit organizations are well aware of the important role foundations play, and thousands of ministries receive millions of dollars from foundations every year.
For some ministries, foundation grants represent the difference between breaking even or breaking the bank. For others, foundations underwrite important but hard-to-fund programs that have a powerful spiritual impact around the globe.
Every year, more and more organizations are pursuing foundation funding. And while foundation grants aren't for every organization, there's probably a foundation somewhere that's interested in supporting at least part of what your organization does.
Writing grant requests can be a complex ...