Tuesday, September 08, 2009
Desperately Seeking Grants Can Lead to Identity Crisis | KeysNews.com: "Nonprofit board members play an important role in seeking funding from foundations. Board members can utilize their connections to make phone calls to friends or colleagues to move the proposal along. Also, nonprofit boards have a fiduciary responsibility to ensure the organization fulfills the grant requirements, such as raising matching funds and allocating organizational resources. Policies may need to be adopted regarding compensation of professional grant writers. Industry standards set by the Association of Fundraising Professionals Code of Ethical Principles does not allow its members to receive fees based on a percentage of contributions, but members may accept performance-based compensation."