There are several questions to keep in mind when evaluating the potential of a private funder. Since most private foundations receive many more requests than they can fund, it is always recommended to pay close attention to their restrictions. Obtain funding guidelines. Although you may initially identify several funding organizations that appear to have an interest in your type of program, it is always recommended that you obtain application guidelines and related materials directly from the funder. This information will allow you to make a thorough evaluation of the prospect.
Guidelines are available from the funder by phone, at their Internet site, or by mail.
Calling for information is sometimes an excellent place to start. Metro State is very active in the development of new programs. Because of this, it is very important to coordinate fund seeking efforts across campus. Institutional Advancement maintains a database to track who is working with which private funders. This is very important for many reasons.