Implementing a Letter of Intent into our unrestricted grant process
At Adirondack Foundation we have never used an LOI with our grantmaking processes. I would like to hear from those of you who use LOI's as to how you streamlined your process with LOI's or if it just adds one more step? We are hoping to use an LOI as a way to help us narrow down larger funding requests we're interested in supporting. It's our hope that this will minimize the burden on staff and also on volunteers who read and evaluate all the requests.
Is anyone willing to discuss this process with me and find the best way for us to try implementing LOI's into our process?
Thanks in advance,
Andrea Grout, Program Officer