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The fundraising process

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If you are not yet a recognized nonprofit

If you are a recognized tax-exempt nonprofit organization

If you are an individual or artist

If you are a student/scholarship seeker

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What do you need funding for?

General operating support

Program or project support

Capital support

Other types of support
Understanding the funding mix

Private foundations (family and independent)

Corporate foundations, giving programs and sponsorships

Community and public foundations

Individuals

Government funding
Researching potential funding sources and donors

Identify prospective donors

Learn more about prospective donors
Making contact with donors

Initial approach

Full proposal

Chicago Area Grant Application

Next steps
Donors Forum tools and resources

Using the Donors Forum Library and Philanthropy Centers

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Let us know at: info@donorsforum.org




Individuals
Individuals support all types of funding needs for nonprofit organizations. Whether you need funds for your annual operating budget, a major capital campaign or your endowment fund, it's critical to include individual donors in your funding plan. According to recent trends, individuals make up 85 percent of the donor base for nonprofits in the United States.

To begin soliciting from individuals, you need to develop a prospect list for both major gifts and smaller donations. Think of individuals who share your organization's ideals -- your core beliefs, values and mission -- and who may be open to investing in those ideals. Perhaps they are people who have benefited from the services you offer or are close to an individual who has.

Individuals to consider:
  • friends and acquaintances in your own personal network
  • board members
  • other wealthy individuals who support specific issues
  • prospects who may respond to direct mail appeals

The Donors Forum Library provides resources to help you learn how to approach prospects and turn them into invested donors. We can teach you to identify, approach and secure funding from new donors as well as increasing the involvement level of current donors. On site in the Library, the Donors Forum also offers online prospect research tools such as Prospect Research Online and Wealth Engine.

Search the Donors Forum Library catalog online
to see our materials and online databases accessible from the libraries to help you research potential individual donors. To find out more, explore this website's Research section.

Once you've found individual donors for your organization, learn how to cultivate their giving with Cultivation and Donor Recognition Strategies (pdf), from nonprofit consultant Jo Moore.

Web and print resources
Use these lists to identify potential top companies and individuals in selected industries.

Book of Lists. Crain Communications - Ref HC 108 .C4 B665
Top business lists for the Chicago metropolitan area. Can access some lists without an online subscription and People/Profiles are useful features.
If you're reading the print version of Crain's Chicago Business, see the "People" section.

Book of Lists. Business Ledger - Ref HC 108 .C4 B666
Top business lists for the west and northwest suburbs. Check out their Regular Features section including People on the Move and Business Capsules. These sections are available in the print edition as well.

Forbes Lists
Check out the lists of companies, people and places. Also see their People Tracker option for Forbes subscribers.

Directory of Physicians in the United States (AMA) - Ref R 712 .A1 D57
Alphabetical and geographical register of physicians. Also see the AMA Online Doctor Finder.

PORTICO - Web Resources for Advancement Professionals/Occupations
An excellent source of online directories of individuals in specialized industries.

Martindale-Hubbell Law Directory - Ref KF 190 .M3
Directory of lawyers and law firms. Find biographical information by geography/town. Also see the online locator.

FreeEdgar.com
Search for the stock holdings of top five officers and boards of directors in the proxy statement.

Northeastern Illinois Planning Commission (NIPC)
NIPC is a planning agency for the six-county metropolitan Chicago area and is a wonderful source of economic and demographic indicators.

U.S. Census Bureau
An excellent source for current U.S. social, demographic and economic statistics.

Association of Professional Researchers for Advancement
Review the Statement of Ethics under Advancement Research Standards and the section on Research Links with links to useful web sites.

David Lamb's Prospect Research Page
Useful links and descriptions of prospect research sites.

Internet Prospector and Archives
Published by volunteers who look for "prospect research nuggets."

PRSPCT-L
An electronic mail list for discussion of prospect research issues.

Skill-building tools

Donors Forum Workshops Other resources

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