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Often, the first step in getting a grant is a Letter of Inquiry (sometimes called a Letter of Intent ) – or LOI, for short. If a funder likes your Letter of Inquiry, they’ll invite you to submit more details about what you would like them to fund. 5 Tips to Getting Grants with an LOI 1.
A funding source also uses an LOI to determine if applicants align with their vision mission. LOI: Letter of Intent, Letter of Interest, Letter of Inquiry An LOI should be thought of as a mini-grant proposal where you hit each of the points generally required in a full proposal.
GrantWatch knows that a well-crafted Letter of Intent (LOI) is often your first step to securing vital grant funding. This brief document can set the stage for your entire application, giving you a chance to showcase your organization’s vision and objectives. What Is an LOI or Letter of Intent?
Let’s sort this out, LOI can be a Letter of Inquiry, a Letter of Introduction, or a Letter of Intent. Honestly, it’s been left to stand as LOI because the two terms, Introduction and Inquiry are used interchangeably. Successful applicants are invited into an interview or on-site visit.
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