How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask The Geezer Your Own Question
The Geezer
The Geezer, Successful careers
Category: General
Satisfied Customers: 1387
Experience:  Retired Civil Engineer, USC Professor & Realtor, financier
Type Your Question Here...
The Geezer is online now
A new question is answered every 9 seconds

I would like to apply for grants.the grants will be used to

Resolved Question:

I would like to apply for grants.the grants will be used to improve the community by purchase and or rehabilitation of housing.Will my grant application have a better chance of approval if I incorporate.
Submitted: 7 years ago.
Category: General
Expert:  The Geezer replied 7 years ago.
In a word, maybe.

Sources of grant funding are usually Federal, state or local agencies. The real issue is - in order to get most grants, sad as it must be to state, one has to be politically connected and not "merely" intent on improving the community.

Before you dismiss this as the ravings of a conspiracy theorist or disgruntled community organizer, I can tell you that my pre-retirement life (as an executive of a municipal utility in a really politicized state of the union) has opened my eyes to the way public funds are "moved" in the real world. (This realization was the main reason I retired actually.)

If you are incorporated it will appear to a truly disinterested grant processor that you are better prepared to account for and use public funds than if you are, for example, a sole proprietor.

But if your actual chance of getting such a grant is 1 in a thousand (since you are probably NOT politically connected) and being incorporated doubles your chances, you are still only 2 in a thousand to get the grant.

My estimate? It's not worth the cost and bother to incorporate. If you actually have a good chance to get the grant, go for it. If you don't have a prayer, incorporating won't change the odds.
The Geezer and 20 other General Specialists are ready to help you