grantee
A "grantee" is an individual or organization that receives a grant, which is a sum of money or resources provided by a grantor, such as a government agency, foundation, or corporation. Grants are typically awarded to support specific projects, research, or initiatives that align with the grantor's goals. The grantee is responsible for using the funds according to the terms set forth in the grant agreement.
Grantees must often report on their progress and outcomes to the grantor, ensuring accountability and transparency. This relationship helps to foster collaboration and innovation in various fields, including education, health, and the arts, benefiting both the grantee and the broader community.