What is the average size and duration of Quantum Foundation grants?
Amounts awarded vary widely and depend on the scope and scale of the project. When determining the size of an award, the Foundation considers factors such as the size of the total project budget, the amount of support the project is receiving from other sources, and the size of the organization’s annual operating budget. The Quantum Foundation is rarely the sole funder of a project and encourages applicants to develop a variety of individual, government, and private funding sources for project. Grant durations also vary, depending on the scope and scale of the project. However, grants are typically between one and three years in duration.