grant funding

Awarded project support

Grant funding is money awarded by governments, foundations, or other organizations to support specific projects, research, or initiatives, typically without expectation of repayment.

Unlike loans, grants are essentially gifts, though they usually come with requirements about how the money must be used and reported.

Recipients apply competitively, demonstrating how their proposed work aligns with the funder's goals.

The nonprofit secured grant funding for its literacy program.

Most academic research depends heavily on grant funding from federal agencies.

Opposites
repayment obligation

grant fundingloan

Borrowed money repaid later

debt financing · mortgage · bank loan · credit line · credit

source/mechanism

grant fundingself-funding

Paying one's own way

bootstrapping · fee-for-service · retained earnings · operating income · equity investment

funding certainty/sustainability

grant fundingendowment

Permanent donated fund

operating budget

Family

grant, fund, funding

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