Grant Portfolio Strategy: Diversifying Your Funding
Build a resilient funding strategy across multiple sources. Learn how successful organizations diversify their grant portfolio to reduce risk and ensure sustainable growth.
The Strategic Funding Approach
Organizations that rely on a single funding source face significant risk. Successful nonprofits and social enterprises typically maintain 5-8 different funding streams, creating stability and growth opportunities.
The Ideal Grant Portfolio Mix
- Core funding (40%): Large, multi-year institutional grants
- Project funding (30%): Specific program or initiative grants
- Innovation funding (15%): Pilot programs and new initiatives
- Emergency funding (10%): Crisis response and urgent needs
- Capacity funding (5%): Organizational development and training
Building Your Grant Pipeline
A mature organization should have applications at different stages:
- Research phase: 15-20 potential opportunities
- Preparation phase: 8-12 applications in development
- Submission phase: 4-6 applications awaiting decisions
- Active phase: 3-5 funded projects running
Risk Management Through Diversification
Funder Type Diversity
Mix government, foundation, corporate, and lottery funding
Timeline Diversity
Balance immediate, medium-term, and long-term funding
Purpose Diversity
Secure core costs, project costs, and innovation funding