 Q. What Types of Grants are Available? A. Grants generally fall into these categories: Start-up Grant (also known as "seed money") funds start-up costs, rather than ongoing expenses. Example: purchasing a vacant warehouse and converting it to a community center Project Grant funds a specific program or project. Example: buying computers for an after-school tutoring program Operating Grant funds the costs of an on-going program. Example: paying the rent or staff salaries of a health clinic Restricted Grant funds a specific part of a program or project. Example: paying only for the textbooks for a GED program Challenge Grant matches funds raised through other sources. Example: A $50,000 grant to a local food pantry, if the organization can raise an additional $50,000 In-kind Grant (also called a non-cash grant) a contribution other than a direct cash grant. Example: the free use of an office and office equipment. Q. Will you write the grant on a percentage or commission basis? A. No, it is unethical. The American Grant Writer’s Association (AGWA) code of ethics states ’Members shall not accept compensation that is based on a percentage of contributions or contingent upon award of a grant. Code of Ethics. Q. How do I receive the grant payment? A. If accepted, you will receive notice via mail. Q. How much money can I get? A. The amount can vary considerably and is dependent on the needs of your non-profit organization. Grants can range from $100 to $500,000 or more. Q. Can grant money be used for purposes other than what was originally applied for? A. No. Public and private Grant Funders require a recipient to use the money for the stated purpose. Q. Will bad credit prevent me from getting free cash? A. No. Grant money requires no repayment, no collateral, and no credit checks. Money is granted irrespective of an individual’s credit history. |
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