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The information at our finger tips is endless! Are you curious to know more about what the data says? Click through the categories below to gain a little more insight on the challenges similar individuals and organizations may encounter.
A foundation grant may take between 15-20 hours to complete, while typical federal grants might run up to or over 100 hours to complete. - Charity Science
The grant writing average success rate is lower than you might imagine. Some say that only about 1 in 10 grant proposals is accepted. - Professional Grant Writer
61% of all grant seekers relied on only one or two people in the grant writing and submission process. - Grant Station
The top 3 challenges to grant seeking are 1) lack of time and/or staff; 2) competition; and 3) difficulty finding grant opportunities. - Grant Station
There are over 86,000 foundations in the United States, which funded over $62 billion in grants - Candid
20% of nonprofit income derives from grants - The Balance
32% of foundations provide general operating support to their grantees, 18% provide capacity-building or organizational effectiveness grants to the majority of its grantees, and 29% of foundations provide any assistance beyond the grant itself - Center for Effective Philanthropy
A report by Echoing Green and The Bridgespan Group found that even in areas where work targeted Black communities, Black-led organizations had 45% less revenue and 91% less unrestricted net assets than white-led organizations. - Greater Washington Community Foundation
57% of BIPOC (Black, Indigenous, and People of Color) CEOs/EDs have lived experiences that is representative to of one or more of the communities their organization serves, compared to 18% of white CEOs/EDs. - Nonprofit Finance Fund
Philanthropic giving to women and girls of color totaled to be about $356 million. There are about 65 million women and girls of color in the United States, meaning that total philanthropic giving is about $5.48 for each woman or girl of color in the United States. This is not enough for a month of paid zoom, an hour of child care, website hosting, and more. - Ms. Foundation for Women
Women are less likely to start registered companies yet, receive less capital, are just as likely to achieve success, compared to their male counterparts. - Columbia Business School
Failure to plan, knowledge and skills gaps, inability to secure funding, time management & productivity are a few of the biggest challenges of business start-ups. - British Business Bank
Black-owned businesses are 50% less likely to receive funding from a bank than white-owned businesses. Women make up 29.9% of small business owners and only 16% have crowdfunded investments (fundraisers via online platforms for start-up and growing businesses). - Columbia Business School