What are the major types of funding awards that are available?
Government: The federal government administers 1,800 funding award programs offered by the 26 federal agencies within its jurisdiction. These funding awards are designed to accomplish many different purposes, such as delivering services to a specific population, or conducting scientific research. These are advertised in the form of RFP’s (Request for Proposals) or RFA’s (Request for Applications) and generally have very rigid formats, specific purposes, and strict deadlines. Sometimes formula funding awards are awarded by federal agencies based on a criterion prescribed in legislation or regulations. Often this is federal money that is passed through to the state, which is then re-distributed on a competitive basis to nonprofit entities. Each state also administers a significant number of funding programs. Applications are generally accepted once per year by each funding entity for a wide variety of community-based projects. Foundations & Corporations: Many large foundations and corpor
