Foster and Associates
Gallery
• Award Maximization. Foster & Associates has obtained the maximum grant available on 46 of its 70 awards. For 12 of the 24 (50%) remaining awards, it obtained more than it was contracted to pursue.
• Niche with Funding Source. It takes three things to successfully obtain a grant: 1) Having a good story to tell; 2) Telling it well; and 3) Having a receptive audience. This is the only funding source that Foster & Associates work with. It maintains business relationships with the foundation staff so that it knows their requirements thoroughly. At the end of the day, Foster & Associates works to be an extension of your staff for this resource.
Our Approach
There are several unique aspects that compose the value equation that Foster & Associates brings to a project. They are as follows:
• Expertise. Anyone can write a grant proposal and get awarded just as Kevin Foster did on his first attempt. While Foster & Associates did obtain $482,000 on its first proposal, many projects later it learned that it left $208,000 on the table because it did not know what it did not know.
• Learning Curve. The application process is unique and has a steep learning curve; it does not have any economies of scale. If an organization takes the task on itself, it often neglects those development efforts that it does have expertise in.