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SECURING GRANT FUNDING FOR WAVE

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INTRODUCTION

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WAVE is a powerful new technology to help prevent these tragedies making our systems an ideal candidate for grant funding.

We've put the information together below to help you start the process and will be available to assist you wherever and whenever we can.
 

rowning remains the #2 cause of accidental death of children in the US. 

A many as 88% occur with supervision present, and at least 25% occur with lifeguards present.

Safer swimming starts with you.

UNDERSTANDING THE GRANT PROCESS

There are four major documents that you may need to create if your nonprofit is looking for funding for a WAVE System. Each document has a different purpose and includes elements you’ll need to make your case to funders.

 

Below we share the major types of grant proposal documents. After reading through, please reach out to us with your needs so we help you gather the information you'll need.

"A JOURNEY OF A THOUSAND MILES BEGINS WITH A SINGLE STEP".     

– Lao Tzu

Letters of inquiry (LOI)

If you’re new to fundraising and grant writing, you may have not heard the term letter of inquiry, or LOI. Honestly, when you do, it’s good news. 

 

A letter of inquiry or LOI is something a funder may ask for in lieu of a full grant proposal. Instead of a giant stack of papers, you just need to write a few pages to create a LOI that will get the funder excited to support your cause or project.  

Sometimes, this can be the first step in a funder’s broader grant proposal process. In this case, you may be asked to complete a LOI to show whether you meet the grant criteria, so time is not wasted on a full proposal. Other times, it serves as the entire proposal. 

Here’s what a letter of inquiry should include: 

  • An introduction that summarizes the letter.  

  • A brief description of your organization and why this particular project is important.  

  • A statement of need that convinces the reader your project meets the specific needs of those you serve. 

  • A methodology that explains how you’ll do it. 

  • Other funding sources that are being approached. 

  • Finally, a summary of what was just said and a brief thank you to the funder for considering your organization.
     

The biggest challenge is you only get a couple pages to make your case. 

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Click to view  generic sample.

"KNOWING WHAT MUST BE DONE DOES AWAY WITH FEAR."

– Rosa Parks

Cover Letters

This is the most important part of your grant proposal: the cover letter. Think of a cover letter as a compelling introduction to the contents of your full proposal. It’s your first chance to connect your project with the funder’s philanthropic mission.  
 

At minimum, your cover letter should include: 

  • An introduction to your project. 

  • The dollar amount of funding you need.  

  • How your project and organization will further the foundation’s mission. 

  • A list that outlines the proposal’s contents. 

  • Contact details in case the funder wants additional information. 

  • A signature from your organization’s executive director. 
     

Additionally, if your organization has branded letterhead, consider using it for added polish. 

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Click to view  generic sample.

"DON'T WAIT FOR THE RIGHT OPPORTUNITY: CREATE IT."

– George Bernard Shaw

Proposal Budgets 

Proposal budgets may seem a bit dull, but many funders say it’s the first part of a grant proposal that they read. Your budget should show your credibility and impact with numbers.  
 

A proposal budget should include: 

  • Sources of income:  

    • Grants and other funding contributions. 

    • Earned income from events, products, and fees. 

  • Anticipated expenses: 

    • Direct costs, like staff time, consultants, supplies, equipment, and evaluation (such as conducting surveys or collecting feedback). 

    • Indirect costs—or the invisible costs, like rent, utilities, office supplies, marketing, and administrative staff. 
       

Make sure your budget adds up (it’s a big red flag when it doesn’t). Not only should the math be correct, but it should also match the request for funding you’re making in the proposal.  

Grant Budget Sample.png

Click to view  generic sample.

"ACTION IS THE FOUNDATIONAL KEY TO ALL SUCCESS"

– Pablo Picasso

Full Grant Proposals

Here’s the big one. Writing a full grant proposal can be a little intimidating.  Before you begin, make sure to read and re-read the instructions from the funder. You don’t want to miss some simple but important proposal requirements, like using a specific font. 
 

Here are the key elements of a proposal: 

  • Executive Summary. This is where you’ll give a snapshot of the problem, your solution for addressing it, why your organization can help, and the amount of funding you’ll need to do so. 

  • Needs Statement. Next is a needs statement that shows why your project is needed and aligned with funders’ focus areas. 

  • Project Description. In this section, you’ll share your project’s goals and objectives, detailed activities, and information about your organization. 

  • Proposal Budget. Finally, a budget that shows in numbers how you’ll address the problem. 

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If you need any information or require our assistance please do not hesitate to reach out.

ALL THE WAY

WE'RE WITH YOU

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