Page 12 - OSEP Management Module 3_Neat

Charitable trusts and foundations
Most charitable trusts and foundations provide financial assistance to those
sporting clubs/federations that can offer the trust or foundation a tax deduction.
Checking a directory can determine whether there is a match between the
interests of the club/federation and the funding agency.

Corporations and businesses
Some corporations have established foundations that provide grants for particular
causes. These foundations cannot be used to promote the business interests of
the specific corporation nor can they seek sponsorship benefits such as signage
and naming rights.

Successfully attracting grants
Organisations that are successful in attracting grants usually:
• prepare a yearly calendar of closing dates for all funding sources
• ask for application forms well before the closing date
• prepare the application in advance
• pay careful attention to the details required and to the presentation of their
application
• clearly outline the goals and objectives of the project
• describe why the project is needed and support this with facts and figures
• detail the methods used to conduct the project
• indicate the expected outcomes of the project
• submit applications before the closing date.

Preparing an application
To be successful, applications need to be well prepared and written clearly. Grant
applicants usually have to demonstrate that the project in question is feasible and
meets the appropriate policy goals or priorities of the agency giving the grant.
Although specific criteria will usually vary from 1 grant scheme to another, most
grant applications require similar types of information, including:
• contact information
• program/project description
• brief description of the club/federation applying
• program/project budget
• amount of assistance requested
• all other sources of funding for the project
• how the applicant organisation meets the grant criteria
• guarantee that the program will proceed and monies received will be spent for
the purpose that the money was given
• copies of the latest annual report and a copy of the audited financial
statements.

Note: For more information relating to possible grant agencies, you should
contact your NOC.

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