The Takeaway: Right-sized grantmaking maximises the value of grants and doesn't place undue burdens on grantseekers.
What is right-sizing?
Right-sizing means making sure that what is asked of grantseekers throughout the process of applying for and acquitting a grant is in proportion to the amount of money on offer. When grantseekers are asked to provide an excessive amount of information, the resources they need to spend on the response can significantly reduce the true value of the grant.
What should we do about it?
Both documents are worth reading in detail, but in summary, the Grant Managers Network recommends that you:
Grantmakers for Effective Organisations also suggests working out what you really want to know, and how you can get hold of that information. In addition, GEO recommends that you:
Both organisations acknowledge that you as the grantmaker require a certain amount of information to establish whether a potential grantee is capable of delivering the results you're looking for.
GEO proposes eight factors to consider in that assessment: organisational history and track record; governance and executive leadership; organisational vision and strategy; proposed planning, outcomes and evaluation; human resources; external communications; relationships and networks; and financial health.
Here's a taste of the 'target your funds' edition, with insights from around the world on core funding, deadline data, 'buying' impact and measuring it.
Analysis of data on applicants using the SmartyGrants system reveals that more than half of all grantseekers who lodge applications complete them in under 48 hours.
When it comes to granting core funding, the Esmée Fairbairn Foundation stands out from the pack, from 2013 to 2018 distributing more core funding than any other organisation in the UK. Here's why.
If you don't know about PEAK Grantmaking's Grants Management Professional Competency Model, you probably should.