- Define your criteria carefully – location, grant size, focus area and beneficiary group all determine who sees and matches to your fund. The more specific you are, the more relevant your applications will be.
- Write a clear fund description – tell non-profits exactly what you’re looking for, what the funding can be used for, and any eligibility requirements. Clarity reduces irrelevant applications and saves everyone time. See here for more information – Writing a good fund description.
- Promote your fund while it’s live – sharing your fund with relevant local networks, partners and your own channels will significantly boost application numbers and quality. ActionFunder provides you with a Supporter Pack ahead of launch, which includes key information about your fund along with ready-to-use copy for social media, newsletters, and other communications. We recommend looping in your comms or marketing team early so they can plan activity around your launch date. Share the Supporter Pack with both internal and external stakeholders to help promote the fund and maximise its reach and impact.
- Review applications promptly – make your funding decision by the selection deadline you set when creating your fund. Non-profits are more engaged when funders move quickly, and timely decisions help ActionFunder complete due diligence and get payments out faster.
- Use the support available – your Customer Success Manager is here to help you choose the right fund type, set up your criteria, and get the most out of the platform. Don’t hesitate to get in touch.