"Never ask a stranger for money..."

Finding and obtaining funding are two completely different
things. A lot of time is necessary to prepare a project for funding.
Business skills such as marketing are valuable in choosing which
funders to approach.  If you or your organization are just starting out,
it's best to consult a professional arts consultant or a representative
from your state or local arts agency.
(See grant writing & other resources and state agencies)

So you have a great idea for an art project or organization. Make it real!
Below are some questions to ask yourself before you get started:

Who, What, When, Where
Do you have a mission for your project? You must know what you're talking
about before you approach anyone. You must have a timeline, a budget,
a place, who will be involved. How much flexibility are you willing to have?
What is your desired outcome? Who is your targeted audience?
How will you reach this audience?

Possibilities of support for your project:
Who are your local businesses? Are there any large corporations in your area?
Go to the library and do research on these companies, for instance, in the
Corporate Yellow Pages.
Many have separate entities which make charitable contributions. Some offer
matching gifts for certain organizations. This could be your company!
Do you or anyone else know someone in the company? This is your best bet!
Have an introductory luncheon in a special place, a gallery opening or a
special event for these people. Introduce yourself and your ideas! Show them
how organized you are and the other support you have. Be creative!

Make connections!
Who do you know? Who do they know? Get referrals from friends in order
to approach these local businesses. No one gives money to strangers. . .

Networking is key.

What kinds of community organizations do you have? Do you think they would
be willing to support your project, possibly become involved? Be creative!
Look into youth councils, sports clubs, environmental groups, local schools,
anything. Try to find other projects in your area which have been successful.
Look at your community demographics. What is the cultural heritage of
your area? What is the median age? What kind of project will tap into the
heart and soul of your community? People must feel appreciated!