What Are Educational Foundation Grants?
Educational foundation grants are monies provided as gifts to qualifying individuals or groups given by some foundation. Grant recipients vary, and may include students and teachers as well as schools and colleges to advance programs and curriculum. Foundation grants may be used to support students of elementary school-level through college age, and are often directed at low-income areas. In developed nations, local governments often provide a percentage of funding for education from elementary grads through college, but the budgets in low-income areas are especially limited. During challenging economic times, even flourishing regions can experience declines in revenues, which can eat into financial support for schools. Foundations can to fill the gap in education funding with grants.