Foundation grants are funds provided by private or public foundations to support specific projects, programs, or organizations. These grants are typically awarded to non-profit organizations, educational institutions, or community groups that align with the foundation's mission and goals. The application process often requires detailed proposals outlining the project's objectives, budget, and expected outcomes.
Foundations may focus on various areas, such as education, health, the arts, or environmental conservation. Examples of well-known foundations include the Bill and Melinda Gates Foundation and the Ford Foundation. Receiving a foundation grant can significantly enhance an organization's capacity to implement initiatives and serve its community effectively.