Thank you for your application to ABC Co. for the {amount} {Grant Name} grant, which is funded every year by {Backer} for the purpose of {purpose}. This year, more than {number} organizations applied for funding. Sadly, as exciting and innovating as many of them were, we were only able to select {number}.
Unfortunately, your application was not selected this year. However, we believe that your organization is doing work that is relevant and interesting to XYZ Inc., and we encourage you to consider our other sponsorships, including {Name} on {date}.
We will notify you when this funding is available again next year, and we appreciate your interest in XYZ Inc. Thank you for your time.
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