1. Types of Grants
There are different types of grants that fit the project you are interested in seeking
funding for. Knowing what these types are will help you apply for the one where
you’ll have better chances of getting the award. Here are the most common types of
grants:
Annual Campaigns. These are grants that give support for an organization’s
operating expenses, expansion, and improvement. For budget line-items like
salaries, benefits, equipment, and other expenses that support operations, a
grant for general/operating expenses may also be applied for.
Building/Renovation Funds. If you need funds to build a new office or
facility or seek to renovate an existing one, these are the types of grants to
apply for. However, there are only a limited number of these types of grants
awarded. A similar type of grant which gives not only money for construction
and buildings but for equipment and endowments is the capital support
fund.
Challenge Monies. These are grants which are given by some organizations
only after you have secured other funding sources (except government
grants). A similar type of grant is that of matching funds where the award is
only given when you are able to match it with your own funds or in-kind
contributions.
Conference/Seminar Grants. These are grants that pay for all the expenses
(speakers, travel expenses, meals, etc.) associated with planning, joining, or
hosting a conference or seminar.
Endowments. These are grants given to a nonprofit organization which aims
to develop and sustain its long-term viability. An endowment fund gives
permanent investment income to the organization so it can continue to
finance its operations.
Fellowships. These are awarded to support the study and research of
graduate and postgraduate students in the fields that they want to pursue.
Students awarded portable fellowships can study at an institution of their
choice while institutional fellowships are given by a university or institution of
higher learning for the grantee to study there.
Research. These are grants that are given to institutions that employ
grantees. The aim is usually to further medical and educational research.
Scholarship Funds. Awarded to students at the undergraduate or graduate
levels to fund their studies. Scholarship usually pays for tuition,
miscellaneous, and other related expenses like books and living expenses.

2. Seed Money. These are grants that get programs started. The organization
still has to find other sources of funding to enable the program to expand.
Pilot programs can apply for program development grants to develop new
programs and grow their organization.
Technical/Consulting Assistance. These are grants given to organizations
to enable them to hire a firm or an individual who can give them technical
assistance to improve their program.
Check out www.adamscapgroup.com for more Information on How to
Manage Your Debt.
Other related info you might be interested in:
Grant Writing: All about the Request for Proposal RFP (Part 1)
Grant Writing: All about the Request for Proposal or RFP (Part 2)
Debunking Fallacies about Debt