Фото: How to get a grant for the Charitable Fund

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Porokhovata Yelyzaveta

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How to get a grant for the Charitable Fund

Reading time: 3 min.

Charitable foundations and their activities play a very important role in modern society, especially in such turbulent times for Ukraine.

Helping people in difficult life situations, implementing charitable projects and initiatives, charitable foundations do not aim to make a profit from their own activities.

And therefore the question arises about the financial support of the activities of the charity fund and the possibility of implementing new projects.

Today, one of the most effective ways to attract funds for charitable foundations is to apply for grants both from other non-profit public organizations and from international organizations.

photo How to get a grant for the Charitable Fund

The vast majority of grant programs for charitable foundations provide financing for the implementation of projects aimed at protecting vulnerable categories of the population (women, victims of domestic violence, persons with disabilities, LGBTQ+ representatives, as well as military personnel, veterans, and others), aimed at increasing the level of democracy in country (monitoring of the execution of court decisions, appeals against acts of authorities and their officials, reports on corruption violations, etc.), the implementation of which is aimed at satisfying the interests of young people (sports clubs, educational projects, etc.), as well as other projects with a social component.

Recently, more and more grant programs have appeared, primarily for public organizations, youth centers, and charitable foundations.

The specialists of Prikhodko and Partners Law office emphasize that it is important to understand the following points for representatives of charitable foundations who plan to apply for a grant in the future:

  1. The charitable foundation must be registered in the manner prescribed by law (data on the new non-profit organization must be entered in the Unified Register of Legal Entities and Individual Entrepreneurs) and have founding documents for their presentation at the first stage of application consideration (statutes, protocol on the creation of a charitable foundation fund);
  2. Mandatory stages of applying for a grant are filling out the application form, where the applicant must describe the main initiative for the implementation of which funds are needed, demonstrate the results of the analysis of the needs of the target audience (survey, analysis of state statistics, etc.), prepare a full cost estimate with clear item names, on which grant funds are planned to be spent, as well as sometimes — participation in an interview with one of the representatives of the grantor;
  3. Most of the grant providers require the applicant to clearly predict the project implementation timeline, which usually ranges from 3 to 12 months;
  4. A considerable plus and a factor that will increase the probability of receiving a grant will be the presentation to the grantor of documents concluded between the charitable foundation and a party that is ready to provide assistance in the event of obtaining financing for the implementation of the project (such a party can be another charitable foundation, an entrepreneur, a company, public organization, etc.) - letters or cooperation agreements;
  5. After receiving a positive decision from the grantor and approving the grant, the interaction between him and the charity fund does not end: systematic reporting at each stage of the initiative's preparation, monitoring of results and their demonstration to the grantor is also a mandatory condition.

photo a grant for the Charitable Fund

Conclusions.

Thus, in order to receive a grant, a charitable foundation needs to prepare a number of necessary documents, if necessary, attract qualified specialists, pre-develop and describe its own initiative with a reasonable amount of expenses.

Qualified specialists of Prikhodko and Partners, given their extensive experience in working with grants, are ready to provide interested clients with full assistance in submitting a grant application with all the necessary documentation for the relevant program.

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