Strategic Grantmaking: funding with focused goals and a plan
Strategic grantmaking, also called proactive grantmaking, is grantmaking driven by focused goals and a deliberate plan for achieving them. The funder sets the agenda and holds itself accountable for outcomes, rather than simply responding to incoming requests.
Frequently Asked Questions
Related terms
The newest terms we've added, the words teams managing grants, sponsorship, and CSR come across most often.
Project Grant
A project grant is funding awarded for a specific, defined piece of work, with its own objectives, timeline and budget, rather than for the general running of the organisation receiving it.
It is the most common form of grant. The funder approves a described project and expects to be told what that project achieved, which is why project grants carry heavier reporting requirements than unrestricted funding.
International Grantmaking
International grantmaking is awarding grants to organisations based outside the funder's own country, which adds verification, currency, language and reporting requirements that domestic grants do not carry.
The additional work is front-loaded. Establishing that a foreign organisation can be funded is harder than paying it, and the route chosen at the outset determines the obligations for years afterwards.
Data Residency
Data residency is the country or region where a platform physically stores the data you put into it. It is a contractual commitment, not a technical preference, and a supplier should be able to state it in writing.
For grant, sponsorship and volunteering programmes the data in question includes applicant and employee personal data, which is what moves residency out of the IT conversation and into procurement.
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