By Diane H. Leonard, GPC
I was asked this frank, yet wonderfully complex question by a colleague the other day. The organization they work for has a strong grant seeking revenue line item comprised of foundations and the occasional state grant. The organization was recently considering applying for its first federal grant and was wondering what type of award size was “worth” the heavy lift of the application requirements. Given that the average federal grant proposal takes an average of 100 hours of effort to complete and submit, this is an important question to consider before diving into an application.
Here is a scenario similar to what my colleague and I discussed:
Is a $150,000 grant award enough for the work it takes to complete a federal application?
Maybe yes.