Third Sector Organisations have for a long time relied on Grant Funding – money ‘given’ to an organisation usually with restricted purposes. The environment continues to change, with Grants becoming fewer and more difficult to access. This article is for organisations looking to understand or find Grant finance.
Essentially, Grant Funding refers to monies given to an organisation, usually with a restricted purpose to be used by the organisation to deliver specific activities, results or otherwise agreed outcomes.
A grant funder usually requires to monitor what happens to their invested money and will have clear expectations as to what needs to be achieved.
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