TrustCSR recently sent a representative to attend a Grant Assessment Training Workshop with ACF Association of Charitable Foundations. It was a full day and involved much debate about the cost to charities and grant makers in terms of time when submitting and assessing grant applications. The learning that came out of this was that clear criteria is essential to ensure that fundraisers are not wasting their time or that of the grant maker. The “rules” need to be clear around eligibility criteria and exclusions and in order to close the loop of re-applications from ineligible grantees, it is key that grant makers spend more time giving constructive feedback on why an application has not qualified for a grant. But there lies the dilemma in terms of time: most Foundations and grant making organisations are processing large volumes of applications and where grants are small it is difficult to devote additional time to feedback.
The principles for grant making for corporates are broadly the same as those for and on behalf of Foundations. However, community investment for corporates often needs to demonstrate something positive about the organisation and corporates reason for making grants is more complex than Foundations. How to do good as part of doing well has been a concept that more and more large corporates are aiming to achieve. TrustCSR with their B Corporation status has demonstrated that doing good is part of being successful and this expertise is cascaded into how we support corporates, both with grant making and other community investment programmes. We work using best practice and have achieved efficiencies that support our clients across the broad spectrum within which we work. We are also in the unique position of being able to point the charities and community groups in the right direction of other grant making programmes where they have more chance of success and thus add value with our services.