Glossary of Commonly Used Grant Terms
There are currently 6 Terms in this directory beginning with the letter I.
Refers to a contribution of services or items that an organziation donates instead of a monetary sum, in order to help fund the project (e.g., contributing a staff member's time).
A grantmaking organization usually classified by the IRS as a private foundation. Independent foundations may also be known as family foundations, general purpose foundations, special purpose foundations, or private non-operating foundations. See also private foundation.
Overhead or administrative charges related to a project but not easily and separately identifiable; e.g., utilities, clerical, office space, accounting, library, and custodial services necessary for proper implementation of the project; usually assessed against the project as a predetermined rate established according to standard accounting procedures.
Items you will need to carry out the objectives or activities (surveys, money, staff time, volunteer time, etc.).
Institutional Review Board - A review body established to project the welfare of human subjects recruited to participate in biomedical or behavioral research. Protects the rights of individuals by guarding privacy, reducing risk, etc.