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Definitions (36)
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509(a)
Section of the tax code that defines public charities (as opposed to private foundations). A 501(c)(3) organization must also have a 509(a) designation to further define the agency as a public charity [..]
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application
May also be called a request, proposal or letter of inquiry (LOI) which is sent to a foundation when a non-profit organization is requesting consideration for grant funds. A pre-application is the eq [..]
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assistance grants
Operational or management assistance given to a non-profit organization. It can include fundraising assistance, budgeting and financial planning, program planning, legal advice, marketing and other ai [..]
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challenge grant
A grant that is made on the condition that other monies must be secured, either on a matching basis or via some other formula, usually within a specific period of time, with the objective of stimulat [..]
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decline
Also referred to as Denial, a decline is the refusal or rejection of a grant request. It does not mean necessarily that the proposal is a bad idea, but more often is related to readiness, timing, siz [..]
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endowment
The principal amount of gifts and bequests that are accepted subject to a requirement that the principal be maintained intact and invested to create a source of income for a foundation. A non-profit [..]
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evaluation
A review of the results of a grant, with the emphasis upon whether the grant achieved its desired objective.
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evidence-based best practices
Standard, published operating methods found to produce the best performance and results in a given industry or organization.
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extension
Sometimes a grantee is unable to complete the project or program for which it has received grant funds. In this situation, the organization should contact the foundation and request an extension to th [..]
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