Monday, December 21, 2015

Write Instructions Of Intent For Funding

Your letters of intent should have a detailed description of why you're seeking funds and how much money you'll need for your project.


In your letter of intent, you want to clearly and specifically discuss what the mission of your venture is because this will give the reader a good idea of what you're trying to accomplish and how the funds will benefit your cause. It's also a good idea to research the organizations you plan to seek funding from because not all organizations give funds to the same causes, and you want to write to organizations whose goals coincide with yours.


Instructions


1. Give a meaningful purpose for your project. If you're starting a non-profit that will pay for medical students' trips overseas for the purpose of providing medicine and physical checkups for children, talk about how this enables medical students to build a sense of compassion and allows them to gain a diverse outlook on global health issues.


2. Research the costs of your project and state them in your letter. This is important because sponsors want to know how and where the funds will be used. For example, if you're seeking funds to open battered women's shelter in your neighborhood, look up the costs of purchasing a building and supplies, and paying monthly utility bills and other costs.


3. Discuss why your project is needed. If you live in a neighborhood where there is a strong need for male role models and the crime rate is high, state in your letter that you want to build a boys' home where teenage boys can receive help from counselors for their emotional problems and access tutoring and career training.