There are mainly two types of grants. We have private grants, or foundation grants, and then we have another type that is the public or federal grant. In a sense, these private foundation grants are foundations that have been established that are required to give a certain percentage as required by law to be a foundation. The percentage is around 5% of their money that they have to give away each year. As a result, the foundation receives a tax exemption. Each of these foundations is established and has a specific focus: children’s program, youth program, maybe AIDS crisis program, drug prevention programs.

So the other grants are the federal grants. These federal grants are sometimes sent to the state level, then to the cities, and then the cities issue the grants. However, sometimes it comes directly from the federal government. There are different types of ways to get federal grants. Who are the donors of the federal grant? You and I! We all issue government grants with our tax dollars.

Here are the powers of the State, there is the Judiciary, but it does not give subsidies. The other two have a control factor when giving money. There is the executive branch as well as the legislative branch. The legislature makes laws and allocates funds for the areas for which it will give money. Then the executive branch starts managing those funds and they keep a list of all government grants. All government grants are housed in what is known as the Catalog of Federal Domestic Assistance.

Let’s take a look at private foundations. These are some of the characteristics of private foundations. These can be foundations that are derived from corporations. For example, Wal-mart has a lot of money, so they can give the funds through their foundation and get a tax break.

Private grants will generally only give money to 501(c)(3) organizations. This status comes from the IRS, and the IRS gives you approval to become a 501(c)(3). Most foundations will not give money to a nonprofit that does not have this status, and most foundations will generally want to make sure the 501(c)(3) has been in existence for at least 2 years. . Most of the grants that are awarded from the States will want to see a little bit of history because they want to see that this is not a non-profit organization that is an overnight flight. Don’t waste your time unless you have status.