"Funder" is the umbrella term Optimy uses for the organisations that run giving and sponsorship programs: corporations and their foundations, private and public foundations, universities, and NPOs.
It deliberately spans the different program types a single organisation may operate (grants, sponsorships, scholarships, donations, volunteering), and it contrasts with the "grantee" or applicant who receives funding.
"Funder" is the umbrella term for the organisations that run giving and sponsorship programs: corporations and their foundations, private and public foundations, universities, and NPOs. It names the party that provides funding, across every program type.
The funder provides the money and sets the rules of a program; the grantee receives and manages it. The funder decides who to fund and holds them accountable; the grantee does the funded work and reports back.
Because a single organisation often runs several program types at once, grants, sponsorships, scholarships, donations and volunteering. "Funder" spans them all, rather than tying the organisation to one label like "grantmaker."
Corporations, corporate foundations, private family foundations, public foundations, universities and NPOs. What they share is the funder role: they distribute resources to causes and hold recipients accountable for results.
The newest terms we've added, the words teams managing grants, sponsorship, and CSR come across most often.
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