What is grantmaking?

Grantmaking is the process by which organizations, such as foundations or governmental bodies, provide financial support to individuals, nonprofits, or projects that align with their mission and goals. Grantmakers assess applications, select recipients, and distribute funds to enable work in areas like education, health, the arts, and social services. The goal is to create positive impact by funding initiatives that address specific community or societal needs. Grantmaking can be highly competitive, and recipients are often required to report on their progress and outcomes.