Questions and Answers
What was a primary focus of the American Rescue Plan Act (ARPA) of 2021?
How much funding does the Infrastructure Investment and Jobs Act (IIJA) allocate for infrastructure improvements over five years?
Which initiative was approved to provide funding specifically for climate and clean energy?
What trend is being observed in private grant funding?
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Which statement about trust-based philanthropy is accurate?
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What is the first step in the grant research process?
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How should an organization narrow down the list of potential funders?
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Why is it important to understand grant eligibility requirements?
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What trend has significantly influenced the funding landscape since 2020?
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What should organizations do if they are unsure about meeting eligibility requirements?
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In the grant research process, which factor is least important to evaluate when narrowing down potential funders?
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What aspect of public funding trends should organizations be particularly aware of?
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What is an essential component of a grant plan for organizations?
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Study Notes
Grant Research Overview
- Grant research involves strategic efforts to identify potential funders that align with an organization’s needs.
- A compelling grant proposal must meet the specific funding criteria set by grantmakers.
Initial Steps in Grant Research
- Determine the organization's needs to clearly articulate the purpose of the funding.
- Create a criteria list to filter potential funders based on factors like geographical scope, funding history, and average grant amounts.
- Ensure eligibility by confirming that the organization meets all necessary qualifications before applying.
Current Trends in Public Funding
- The funding landscape is evolving, catalyzed by events such as COVID-19, which has resulted in substantial funding increases and shifts in funding types.
- Evidence-based programs are gaining priority in funding decisions.
- There is a growing emphasis on cross-sector collaborations and achieving collective impact.
- Funding initiatives are increasingly focused on addressing systemic inequities.
Notable Public Funding Legislation
- American Rescue Plan Act (ARPA) 2021: Allocated significant funds to combat COVID-19 impacts, focusing on equity and community resilience.
- Infrastructure Investment and Jobs Act (IIJA): Signed in November 2021, it designates approximately $1.2 trillion for infrastructure improvements over five years for projects like bridges and clean energy.
- Inflation Reduction Act (IRA): Approved in August 2022, it provides about $370 billion for climate change mitigation and clean energy initiatives.
Key Trends Through 2026
- Increased investment in climate change mitigation and adaptation.
- Focus on equity, particularly benefiting underserved communities.
- Promotion of clean energy and sustainable technologies.
- Significant resources allocated toward modernizing critical infrastructure.
Current Trends in Private Grant Funding
- Private philanthropy is shifting towards enhanced focus on diversity, equity, and inclusion (DEI).
- Trust-based philanthropy is gaining traction, fostering stronger relationships between funders and organizations.
- Some foundations are offering more operational funds, recognizing the necessity of human resources in delivering services.
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Description
Explore the strategic approach to grant research in this quiz. Learn how to identify potential funders and understand the criteria for submitting a competitive grant proposal. This quiz will guide you through the essential steps to streamline your grant application process.
