Grant (money)
Overview
 
Grants are funds disbursed by one party (Grant Makers), often a Government Department, Corporation, Foundation or Trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business or an individual. In order to receive a grant, some form of "Grant Writing" often referred to as either a proposal or an application is usually required. For more information regarding successful grant submissions see Grant Writing
Grant writing
Grant writing refers to the practice of completing an application processes for funding provided by an institution such as a government department, corporation, foundation or trust. Such application processes are often referred to as either grant "proposals" or "submissions". Successful grant...

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Most grants are made to fund a specific project and require some level of compliance and reporting.
 
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