Summary: As you may or may not know acronyms are grants best-friends. If you’ve heard the terms FOA, RFP, SAM, DUNS, or a number of other terms, then you are in the grant world. I once heard a grant writer speak an entire sentence using only acronyms. Ugh! If you are overwhelmed already, don’t worry, I’m going to start breaking it down right now! Let’s first dissect the main different types of grants and contracts. There are federal grants, state contracts, and foundation grants. Think of those like your three main hubs. Federal grants are monies allocated from the federal government. State and local government contracts often receive much of their funding from the federal government as they can promote economic efficiency due to localized knowledge to implement a program more efficiently and effectively than the federal government (i.e., pass-through funding). A foundation grant is a monetary assistance provided to individuals and small businesses by companies, citizens, government, and non-government organizations. The money awarded as a grant is meant to meet particular needs and is not required to be repaid. Which grants should your nonprofit go after? Well, the wide answer is all of them. Listen to the full podcast to hear the full breakdown! Favor, please? If you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener? This helps others find the podcast and I read each and every review! If you have any questions, feel free to email holly@grantwritingandfunding.com I’d love to connect with you! YouTube: https://www.youtube.com/channel/UCWzIfwJt0az9KKwKz1Uc8vg Instagram: https://www.instagram.com/hollyrustick LinkedIn: https://www.linkedin.com/in/holly-rustick-0765b817/ Facebook: https://www.facebook.com/grantwritingandfunding/ Pinterest: https://www.pinterest.com/grantwritingandfunding/ Thanks for listening! Holly Rustick Expert Grant Writer & Bestselling Author https://www.grantwritingandfunding.com/
