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Glossary

Glossary of Commonly Used Grant Terms

All | # A B C D E F G H I L M N O P Q R S T U
There are currently 6 Terms in this directory beginning with the letter I.
In-kind contribution
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).

Independent foundation
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.

Indirect costs
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.

Inputs (resources)
Items you will need to carry out the objectives or activities (surveys, money, staff time, volunteer time, etc.).

IRB
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.

IT
Information technology (IT) is a term that encompasses all forms of technology used to create, store, exchange and utilize information in its various forms including business data, conversations, still images, motion pictures and multimedia presentations.

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Driven by a single question: "How do I find grants?" GrantSelect embarked on a mission to discover funding opportunities for all types of projects and programs, and to provide a platform to empower nonprofit organizations, academic research and small businesses all over the globe.

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