Grants are
"gifts" that a person, institution or company
can receive in return for performing a certain specified
activity. Unless you break the covenants,
that is, the undertaking you give when accepting the
grant that you will perform a certain activity, they are
not returnable. A large number of government agencies
sole purpose is to distribute money to a variety of
causes. These agencies are required by law to
fund specific activities with grants. The total amount is
said to be over a trillion dollars from which
individuals and groups can benefit.
Additionally,
there are private charitable institutions whose sole
purpose it is to support specific activities and causes
with grants and sometimes loans.
Their main reasons for this financial bonanza
is that the government wants to encourage specific
activities or institutions, such as small business, the
arts, sports or similar undertakings. Corporations on the
other hand want to be seen as "good citizens"
and as giving something back to the community.
Since a large proportion of grants from private
institutions are tax deductible, the government virtually
co-finances charitable activity by foregoing taxes.
Summary There is a whole industry around "how and for
what you can obtain grants". The most famous of
these can often be seen on TV, advertising his book (see
below, FederalGrantSource ). But there are
many other guides on how to obtain grants. Some of them
are shown below. But remember a grant is an
investment and not income. It is meant to
finance the performing of a specific task that may or may
not lead to additional income, such as financing a
business start up, expanding a business, re-education of
retraining.
FederalGrantSourceis very
well organized making it easy to identify the
type of grants you can apply to. Comes with
several bonuses including free eBooks. Good
service and high satisfaction rate.
GovernmentGrants
offers an organized
directory. and provides a good amount of
information on the opportunity and what is
involved in getting grant money.
FederalGrants
offers a good discussion on the
main benefits of joining. It does not give as
much background information as some of the others
but it offers several bonus gifts including a
listing of Government Loans.
GovernmentFreeMoney
One of the first large online
grant directories around. America's Directory to
Grants and Government Loans, will provide you
access to thousands of grant and loan sources.
Well organized and well worth the
additional money.
Free
Government Grants and Loans
Their grant package includes over
a very large number of grant sources and contact
information They also have grant writing software
and low interest loan sources,
Reasonably well
organized and good value for money. This grant
package comes along with
additional FREE bonus offers.
