Securing grants is a vital part of funding for nonprofits. The process goes beyond submitting applications; it involves strategic relationship-building, understanding networks, and leveraging connections to maximize your chances of success. Why? Because philanthropy runs on relationships.
Impala's relationship mapping solution, Impala for Fundraisers is an essential asset for nonprofit fundraising teams seeking grants. It’s designed to help your team identify the foundations that best align with your mission, without the hassle of traditional prospect research. As a unified platform for the nonprofit sector, Impala empowers you to get access to the data, insights, and relationships you need to meet your fundraising goals. Think of it as your virtual fundraising assistant, helping you find prospects that match your exact criteria.
We’ve outlined the top 6 reasons why Impala for Fundraisers is critical to your grantseeking efforts:
One of the biggest challenges in grantseeking is identifying potential funders who align with your cause and mission, and are already within your network but are not immediately visible. Impala's relationship mapping solution allows you to delve deep into your board, team, and existing funders' networks to uncover these hidden connections. Imagine having the ability to see who on your board has connections to potential grantmakers and knowing exactly how to leverage those connections to your advantage.
Imagine having the ability to see who on your board has connections to potential grantmakers and knowing exactly how to leverage those connections to your advantage.
2) Maximize Board and Team Engagement
Your board members and team are some of your most valuable assets when it comes to securing grants. However, many nonprofits struggle to engage these individuals in the grantseeking process effectively. With Impala, you can easily bring a list of individuals to your board members outlining how they are connected to potential grantmakers to further help facilitate warm introductions. This empowers your board and team to take an active role in your grantseeking efforts, ultimately increasing your reach and potential for success.
3) Strategic Networking
Effective grantseeking is often about being in the right place at the right time and talking to the right people. Impala’s solution helps you map out strategic networking opportunities by identifying who in your network has previously worked with crucial contacts, sat on relevant boards, or received grants from foundations of interest. This information allows you to craft a strategic approach to your networking efforts, ensuring that you are targeting the right individuals with the right connections.
4) Data Driven Decisions
In the age of data, making informed decisions is more important than ever. Impala provides you with detailed insights into your network, enabling you to make data-driven decisions about your grantseeking strategy. By understanding the connections within your network, you can prioritize your outreach efforts and focus on the relationships that are most likely to yield results. In most cases, you’ll save your team significant time and resources.
5) Faster Warm Introductions
Cold outreach often has low success rates. However, warm introductions can significantly increase your chances of securing a meeting and hopefully your next grant. Impala’s relationship mapping solution fast-tracks warm introductions by revealing how you and your team are connected to any decision-maker in the social impact sector. Whether it's through past collaborations, board memberships, or grant history, Impala gives you the details you need to make those connections quickly and effectively.
6) Strengthen Donor Relationships
Building and maintaining strong relationships with grantmakers is crucial for long-term success. By using Impala to understand the connections within your network, you can tailor your communication and engagement strategies to better align with the interests and backgrounds of potential grantmakers. This personalized approach can help you build stronger, more meaningful relationships with your donors.
Revealing the right connections with Impala for Fundraisers:
Impala reveals how you and your team are connected to any decision-maker in the social impact sector. Whether they previously sat on a relevant board, worked with a crucial contact, or received grants from a relevant foundation, Impala gives you the details you need to fast-track a warm introduction.
Impala’s data is sourced directly from screened Form 990s that have been released by the IRS. In addition to this data, individual users can upload their latest 990 (including those that aren’t otherwise publicly available), and self-reported people, board, and connections information from funders and nonprofits alike. Using this data, we have successfully mapped over 1 billion relationships on our platform, across 3+ million organizations and 16+ million people, to reveal your unique path to success. It truly is the most comprehensive data set available to the philanthropic sector.
We have successfully mapped over 1 billion relationships on our platform, across 3+ million organizations, and 16+ million people, to reveal your unique path to success.
Your network is a critical part of your fundraising success.
How does it work?
1. Charting Your Path - Input the person or organization driving your outreach and who you want to be connected to.
When it comes to relationship mapping and being able to identify existing network connections, there is no other solution like it. Impala is not just a nice-to-have; it's a must-have for any nonprofit fundraising team serious about seeking grants.
Impala is not just a nice-to-have; it's a must-have for any nonprofit fundraising team serious about seeking grants.
Interested in seeing Impala for Fundraisers in action?
Register for a demo to start identifying connections today and see how Impala can revolutionize your grant strategy.