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If charity costs nothing,
the world would be full of philanthropists."
Yiddish Proverb
Teacher Grants and Funding
"This
term can have one of two possible meanings. In The Condition of Education,
grants most commonly refer to funds awarded to an individual by a college, an
agency, or another institution to attend postsecondary education. Grants, which
do not have to be repaid, include need-based grants, merit-based scholarships,
fellowships, and tuition waivers. ..."
Source:
National Center for Education Statistics 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.
Most grants are made to fund a specific project and require some level
of compliance and reporting. The Grant Writing
process involves an applicant submitting a proposal (or submission) to a
potential funder, either on the applicant's own initiative or in
response to a Request for Proposal from the funder. Other grants can be
given to individuals, such as victims of natural disasters
or individuals such as people who seek to open a small business.
Sometimes Grant Makers require Grant Seekers to have some form of
tax-exempt status, be a registered nonprofit organization or a local
government
Source: Wikipedia
