grant
In a humanitarian context, grants are non-repayable funds disbursed by government departments, corporations, foundations or trusts, to a recipient, often (but not always) a nonprofit entity. In order to receive a grant, a proposal or application is usually required.
Most grants are made to fund a specific project and require compliance to donor procedures and regular reporting.
- Part of Speech: noun
- Industry/Domain: Non-profit organizations
- Category: Advocacy
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- quietschie
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