Other Forms of Stewardship Stewardship refers to activities performed to ensure that the appropriate gratitude and recognition are expressed to funders. This also includes communication regarding the impact of the project and the use of the philanthropic grant funds, i.e. reporting. Stewardship is the last phase of securing a philanthropic grant and the first phase in developing the next request. With every interaction, we are building a relationship, whether or not we receive the funding requested. If the proposal is funded, we will coordinate with appropriate parties (president, vice president of advancement, and/or dean), and will send a letter acknowledging receipt of the gift on behalf of JMU. If the proposal is not funded, we can help coordinate a time to speak with a funder’s program officer to receive feedback on your application, if this is an available service. This is an opportunity to understand what worked and what didn’t. It is also a stewardship activity as it shows you are serious about a future partnership and are willing to put in the effort to make your proposal successful.
22
Made with FlippingBook - professional solution for displaying marketing and sales documents online