FreeWill, a social-good enterprise on the nexus of philanthropy and property planning, introduced that it has acquired Grant Assistant, an AI-based platform designed to alter the grant proposal course of. Grant Assistant is a software program answer that gives nonprofits and worldwide improvement organizations with a proposal workflow toolkit that streamlines the whole grant utility course of.
Roughly one-third of whole funding for all nonprofits comes from authorities grants and contracts, and one other $100 billion in annual charitable funding derives from grant-making made by non-public foundations. The method of making use of for a grant, nevertheless, is cumbersome, advanced and painful. In consequence, many nonprofits and worldwide improvement organizations – significantly these with restricted grant writing experience – fail to safe funding they might in any other case acquire because of the time, value, and expertise wanted to develop a profitable grant proposal.
Grant Assistant launched in early 2024 to leverage best-in-class know-how to create higher grant proposals in one-third of the time by melding specialty expertise with the facility of AI. Grant Assistant includes a easy, user-friendly course of the place organizations can generate summaries of RFPs, use templates to generate proposal construction, brainstorm and combine program concepts, generate correct and related content material, and conduct a complete compliance evaluate earlier than submitting their proposals.
“We’re over the moon to welcome Grant Assistant into the FreeWill household,” stated Patrick Schmitt, co-CEO of FreeWill. “Grant Assistant is a really modern platform that matches completely inside our long-term imaginative and prescient and our prospects given previews of its capabilities in motion have been completely blown away. We always hear present prospects rave about how a lot time they save and the way they’re profitable extra grants than ever earlier than. It is all a testomony to the Grant Assistant workforce undertaking extra in a short while than most corporations do in a decade, and we’re excited to have them on-board.”
“Once we began Grant Assistant, our objective was to assist nonprofits and non-governmental organizations get as a lot funding as attainable by making the grant writing course of simpler,” stated Mustafa Hasnain, CEO, Grant Assistant. “We rapidly gained traction and received to know the administration workforce of FreeWill, an organization with an exemplary monitor document whose mission, model, and path align completely with our personal. Our relationship blossomed as we realized that merging may very well be a pressure multiplier for us, and a win for society. We could not be happier.”
“Earlier this 12 months, we had a decent deadline for a really technical proposal that usually would have taken a minimum of 4 weeks,” stated Dr. Maggie Ehrenfried, Vice President of Development, LifeNet Worldwide. “With Grant Assistant, we had been capable of expedite the whole course of, finishing every thing from program design to submission in simply 10 days. Not solely did Grant Assistant cut back the time, cash, and stress concerned, nevertheless it additionally helped us guarantee the standard of the ultimate submission.”
Grant Assistant’s full workforce, situated in Washington, D.C. and Lahore, Pakistan, will stay a part of FreeWill, whose worker footprint for the primary time will span past america.
Phrases of the transaction between FreeWill and Grant Assistant had been not disclosed.
The previous press launch was offered by an organization unaffiliated with NonProfit PRO. The views expressed inside don’t straight replicate the ideas or opinions of the workers of NonProfit PRO.
