Glossary of Commonly Used Grant Terms
There are currently 6 Terms in this directory beginning with the letter T.
Tax-exempt
Refers to organizations that do not have to pay taxes such as federal or state corporate tax or state sales tax. Individuals who make donations to such organizations may be able to deduct these contributions from their income tax.
Technical assistance
Operational or management assistance given to nonprofit organizations. This type of help can include fundraising assistance, budgeting and financial planning, program planning, legal advice, marketing, and other aids to management. Assistance may be offered directly by the staff of a foundation or corporation, or it may be provided in the form of a grant to pay for the services of an outside consultant. See also in-kind contributions.
Three-Column budget
Kind of budget in which you show three sourcces for funding: the grantmaker (agency or foundation, outside funding (matching funds from a supporter), and your own in-kind support.
Timeline
A schedule that includes every activity you must undertake to establish, implement and evaluate the program.