Grant

Funding awarded to a nonprofit by a foundation, government, or corporation for a specific purpose.

A grant is a sum of money awarded to a nonprofit by a funder, such as a private foundation, government agency, or corporation, usually to support a specific program, project, or operating need. Grants are typically awarded through a competitive application process.

Grant funding often comes with reporting requirements and restrictions on how the money may be spent, making most grants a form of restricted funds. Funders may require interim and final reports demonstrating that funds were used as proposed and that outcomes were achieved.

Securing grants requires identifying suitable funders, writing compelling proposals anchored in a strong case for support, and managing deadlines across a grant cycle. Many nonprofits track this work alongside their other operations to keep the whole team aligned.

Put This Into Practice With Kindly

Manage donors, volunteers, members, and events together in one nonprofit platform, for one predictable subscription with no cut taken from donations.