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How to Write an LOI (Letter of Interest or Intent) for Grants

GrantNews

Do you know how to write an engaging LOI to make a strong first impression on potential funders? GrantWatch knows that a well-crafted Letter of Intent (LOI) is often your first step to securing vital grant funding. Understanding the nuances of what it takes to write an LOI is key. What Is an LOI or Letter of Intent?

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LOI’s Sorting out the Confusion and Purpose

Grant Professionals Association

Why then has the industry let “LOI” remain in use? Do you even know what LOI is short for? Confusion exists because LOI has three commonly referenced meanings. Let’s sort this out, LOI can be a Letter of Inquiry, a Letter of Introduction, or a Letter of Intent. Crafting the LOI is a great skill to master.

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Spotlighting the State of Maryland

GrantNews

For grants over $10,000, a Letter of Intent (LOI) will be submitted prior to applying. An LOI must be submitted prior to applying. Applicants must contact program staff and submit a Letter of Intent (LOI) before applying. For more information, you can also visit the GrantWatch FAQ page.

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What Is an RFP and How Is It Best Used to Apply for Grants?

GrantNews

This information helps you compare your organization’s goals with those of the grantor. This final section includes deadlines, conference dates, and the potential need for an LOI or letter of intent. However, additional information can also be housed here. Submit an LOI prior to submitting a full proposal.

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Grant Writing or School Fundraising: Which is Better?

Big Fundraising Ideas

Grant writing consists of applying to award programs set up by foundations, corporations, government programs, and individuals. To apply, schools provide organizational information, data, and details about the need and how funds will be used. A grant award is a gift from the grantor; you don’t need to pay it back.

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How Much Does It Cost to Hire a Grant Writer?

GrantNews

Writing LOIs and budget proposals. When grant writers set their flat rate, the budgeted amount of that fee should not be more than 5% of the grant award. Typically, as a rule of thumb, grant writer fees are usually 2-3% of the total grant award. For more information, you can also visit the GrantWatch FAQ page.

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The Scoop on RFPs: How Grant Funders Target and Attract Proposals

Grant Writer Team

For a grant seeker, an RFP will inform them of the funder’s interests, allowing them to tailor their Letter of Intent (LOI) or full grant application to generate interest in their proposed program or activity. Disclaimer: There is no guarantee that grants will be awarded as a result of this information.