GRANTMAKER TYPE

It is important that all new team members become familiar with the similarities and differences amongst a range of grantmaking organizations. While grantmakers share many things in common, they do have distinct characteristics that are important for all GrantBook team members to consider. As you are reading through the different types of funders, think about the nuances in their purpose, activities, legal framework, activities, funding/asset sources and team size.

While there are many similarities, there are also many subtle differences that are important for you to learn about.

ARTS
GRANTSMAKER

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Allows individual artists or artistic organizations to apply for grants. Also promote cultural activities as part of mandate.

COMMUNITY
FOUNDATION

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Often creates and manages Donor Advised Funds to support a broad-based, community-placed grantmaking.

CORPORATE
FOUNDATION

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Designed to support philanthropic activities where employees live and/or the business operates in. IT systems often leverage from their corporate parents.

GRANTMAKING
NONPROFIT

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Established to raise and distribute funds that often have a very specific mission. Granting can range from being a minor to major part of mandate.

PRIVATE
FOUNDATION

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Formed to meet many philanthropic passions of a family or individuals. Self-funded programs and Mission Related Investments are common.

PUBLIC
FOUNDATION

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Set-up as an agency, board or commission that has a granting mandate. Very high expectations of effectiveness and transparency.