Module 09: Financing Strategies (M9-EN)

The objective of this unit is to summarize in an easily understandable and accessible form the various sources of funding that are available via donations, grants and other similar funding instruments, most commonly supported by governments or not-for-profit aid organisations.

A grant is an amount of money to fund certain projects. One may receive a grant for academic, scientic or development work, or to further one’s education or to engage in charity work. Grants are also a key part of many philanthropic foundations' activities.

A charitable donation is a gift made by an individual or an organization, mostly to a non-profit organization, charity or private foundation. Charitable donations are commonly in the form of cash, but they can also take the form of real estate, assets, appreciated securities, clothing and other assets or services.