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Some colleges raise as much as one-quarter of their Annual Fund goal through renewable annual or multi-year grants. Either way, multiple-year grant funding will provide you with a stable funding base from which to cultivate funders for future grant awards. And Annual Fund grants for operating or scholarship support can be based on a boilerplate grant proposal template.
But be sure to call the foundation program officer or corporate giving officer before you write. A few strategic questions can save both parties valuable time.