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To support or guarantee the costs of a particular project or activity. In grantmaking, a funder might underwrite a specific event or initiative, ensuring its financial viability.
The cost associated with a single unit of a product or service. In grant projects, it helps determine the financial resources needed based on the scale of activities.
A gap in services, resources, or support that has not been addressed, often identified during a needs assessment.
Financial resources provided to an organization without any stipulations or conditions on how they must be spent. These funds can be used for any purpose within the organization's mission.
A periodic document submitted to a funder providing an update on project progress, challenges faced, and any changes to original plans.
Effects or changes that occur at broader systemic or policy levels as a result of project interventions. Contrasts with downstream impacts, which are more immediate and localized.
Grants or financial resources provided quickly in response to a sudden or unexpected need, often related to emergencies or unanticipated events.
Charges imposed on beneficiaries or users of a specific service or facility. These fees can be a source of revenue for certain projects.
The extent to which a service, resource, or facility is used by its intended beneficiaries.
The process of confirming that a program or intervention produces the intended results and meets the specified standards.
A clear statement or promise detailing the unique benefits and value an organization or project offers to its stakeholders and beneficiaries.
Expenses that change based on the volume of goods produced or the level of services provided. In grant projects, these might include costs that fluctuate based on the number of beneficiaries served.
A grant whose amount or terms can change based on certain conditions or performance metrics.
A type of philanthropy that uses techniques from venture capital finance and business management. Donors are closely involved and expect a social return on their investment.
The process of ensuring that the data and information provided, especially in reports or applications, are accurate, reliable, and truthful.
The extent to which a project, organization, or initiative is known to its target audience and the broader public. Increased visibility can lead to more support and recognition.
A clear and inspiring statement that describes an organization's long-term desired change resulting from its work. It portrays the future context or setting in which the organization's mission would be achieved.
An individual who offers their time and skills to an organization without expecting monetary compensation.
Specific groups of people who are at greater risk due to their socio-economic status, history, or certain conditions. This might include children, the elderly, or populations in crisis-affected regions.
An official decision to not require something that is typically obligatory, like a fee, report, or certain criterion in grant applications.
A legal document that authorizes an expenditure. In the context of grants, it might be issued by a governing body permitting the disbursement of funds.
A method of prioritizing or scoring elements of a grant application based on their importance. Each criterion is assigned a weight, determining its influence on the overall evaluation.
An authoritative report or guide that informs readers about a complex issue and presents the authoring body's philosophy or perspective on the matter. It's often used to establish expertise or influence policy decisions.
The phase at the end of a project where activities are concluded, and any remaining funds or resources are managed. It often involves reporting, evaluation, and transition planning.
The time frame within which applications or proposals must be submitted to be considered for funding. It starts with the release or announcement of the grant opportunity and ends with the submission deadline. It's essential for potential grantees to be aware of this period to ensure timely submission of their applications.
A detailed document that outlines the tasks, timelines, responsibilities, and resources needed to achieve specific objectives within a project or initiative.
The difference between an organization's current assets and current liabilities. It represents the funds available for day-to-day operations.
An interactive session where participants engage in intensive discussion and activity on a specific topic. Often used in grant projects for training, brainstorming, or planning.
Comprehensive and holistic services that address multiple needs of individuals, often provided in a coordinated manner by various agencies or professionals.
An estimate of where an organization or project will stand financially or programmatically at the end of the fiscal year, based on data and trends from earlier in the year.
An assessment conducted at the close of the fiscal year to evaluate the progress, successes, and challenges faced during that year.
Refers to the period beginning at the start of the current fiscal year up to the current date. It's often used in financial reporting to describe expenditures or activities within the current fiscal year.
A financial document detailing the expected income and expenses for an organization or project for the entire fiscal year.
A report submitted by grantees to grantors, usually on an annual basis, detailing the progress, accomplishments, and financial status of a funded project.
The amount of return or output generated from an investment or project. In grant terms, it could refer to the tangible or intangible benefits produced by a funded initiative.
The percentage of a particular outcome achieved from a set of activities. For instance, in a training program, the yield rate might refer to the percentage of participants who successfully complete the program.
Involvement of young people in decision-making, planning, and implementation of projects, especially those directed towards youth or community development.
Programs or initiatives designed and led by young individuals, often focusing on youth empowerment and leadership.
Projects or programs where young people take the lead in ideation, planning, and execution, often with the support of adult mentors.
A policy that allows no exception to the rule it dictates, especially relevant when discussing policies against things like corruption or harassment within a project or organization.
A method of budgeting in which all expenses must be justified for each new funding period. Every function and operation is analyzed for its needs and costs, rather than simply adjusting the previous year's budget numbers.
A situation where the allocation of funds to one project means another project might go unfunded.
A specific geographical or thematic area where a project or program is focused.
Local laws that dictate how property in specific geographic zones can be used. For projects involving infrastructure or construction, it's essential to be aware of and comply with these regulations.