Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Types of grants
1. Understanding Types of Grants
If you're in charge of
seeking funding for a
nonprofit, it's important for
you to be aware that there
are several different types
of grants from various
funding sources. When you
apply for grant funding, it's
important to understand the
intent of the grant program
so you can ensure that your
application makes a clear
case for why your request
should be approved.
2. Project or Program Grants
Funds that are granted to support a
particular activity of a nonprofit
organization are referred to as
project or program grants. These
types of grants provide money that
is earmarked to cover expenses
associated with specific activities
carried out by a charitable entity.
3. General Purpose Grants
Some grant programs offer
general purpose financial
support, providing monies that
can be used as the funded
organization sees fit. If you are
fortunate enough to receive this
type of grant, you'll be able to
utilize the funds for operating
expenses, programs, projects,
planning, or to meet any other
need that the entity you
represent may have.
4. Start Up Grant
If you are looking into the
possibility of starting a new
charitable organization, you'll
want to apply for start-up
grant funding. These types of
grants provide what is often
referred to as "seed money"
designed to help a new entity
get started. Funds may be
provided for a year of
activities or through other
grant programs.
5. Facilities and Equipment
Funding
Some types of grants provide
support specifically to enable
charitable organizations to build
and maintain the facilities
necessary to provide programs
and services, as well as to
purchase needed equipment. For
example, these types of grants
might cover all or part of the
expenses for constructing a new
building or purchase equipment
to outfit a computer lab for an
after school program.
6. Planning Grant Funding
Planning grants provide funds
to support the initial research
efforts necessary to establish a
new program. If you're going to
apply for this type of grant,
you'll need to be able to make a
strong case for why the
program you are trying to
establish is necessary.
7. Technical Assistance Grants
Grants classified as technical
assistance funding provide
grant money to support the
administrative functions of a
nonprofit organization. The
funds aren't used for a
particular program or
project, but are rather
provided to cover the
overhead expenses
associated with running the
entity, including marketing
and financial management.
8. Funding Solutions
Aegis Grant Writer is ready to
assist you in finding the right
funding solutions for your
organization. Aegis has the
research resources, and writing
skills to produce a grant
proposal that will get
foundation and corporate
attention.
Call us at: 708-381-0685.
Visit our website at:
http://aegisbiz.net/grantwriter