Glossary of Commonly Used Grant Terms
There are currently 6 Terms in this directory beginning with the letter E.
The criteria an applicant must meet in order to apply for the program. Eligibility is generally determined by organization type (e.g. healthcare organization, K-12 schools, law enforcement agency). Regional location, population or previous awards may also affect one's eligibility.
Employee matching grant
A contribution to a charitable organization by an employee that is matched by a similar contribution from his or her employer. Many corporations have employee matching-gift programs in higher education that encourage their employees to give to the college or university of their choice.
Money contributed to provide a continuing income for support or maintenance. The endowment may be general or specified for a particular project.
A grant in which funds are provided to specific grantees on the basis of a formula, prescribed in legislation or regulation, rather than on the basis of an individual project. The formula is usually based on such factors as population, enrollment, per-capita income, or a specific need. Applicants do not compete for these funds.
Definition varies; usually considered as any item having an approximate unit value in excess of $500 and an estimated usefulness of more than two years; e.g., file cabinets and microscopes.