Which phase comes first in the grantmaking lifecycle?

In the grantmaking lifecycle, engaging stakeholders is a crucial first step. This phase involves identifying the needs of the community, establishing relationships with potential grantees, and aligning the grantor's mission with the needs of the populace. By effectively engaging, grantmakers ensure that they are aware of the right opportunities and challenges faced by the community, which helps in tailoring the grantmaking process more effectively.

The engagement process lays the groundwork for subsequent phases by gathering insights and building partnerships that will inform how the grant is structured and how it will be implemented. It allows for the development of a strategic approach that considers the specific context and requirements of the grant applications.

Starting with engagement ensures that the foundation for the planning and review phases is well-informed, thus maximizing the impact of the funding provided. This proactive approach leads to a more effective and relevant grantmaking process, addressing the needs identified during the engagement phase.