Grantseekers hopeful amid drab results

Nonprofits are stepping up their grantseeking efforts, and although a majority see no rise in grant awards, there is collective optimism that the outlook will improve over the next six months, a new study says.

Seventy-eight percent of the 928 nonprofits responding to an online survey say they applied for more grants in the first six months of 2011 than in the same period last year, says the report from GrantStation and PhilanTECH.