{"id":51855,"date":"2024-09-16T08:00:00","date_gmt":"2024-09-16T12:00:00","guid":{"rendered":"https:\/\/www.grantwatch.com\/grantnews\/?p=51855"},"modified":"2024-09-26T14:25:58","modified_gmt":"2024-09-26T18:25:58","slug":"6-types-of-grants-for-nonprofits-and-businesses-and-how-to-find-them","status":"publish","type":"post","link":"https:\/\/www.grantwatch.com\/grantnews\/6-types-of-grants-for-nonprofits-and-businesses-and-how-to-find-them\/","title":{"rendered":"6 Types of Grants for Nonprofits and Businesses, and How to Find The Grants?"},"content":{"rendered":"\n

So, you know there are 60 grant categories on GrantWatch. And you know thousands of grants exist for individuals, nonprofits, and small businesses. However, do you know there are six key types of grants? That’s right, there are six fundamental types of grants to learn about, and it’s essential to understand their differences. Having these distinctions in mind will make the process much easier when you begin targeting specific grants to suit your needs.<\/p>\n\n\n\n

The GrantWatch<\/a><\/strong> database allows you to find all the grant types in one place! During your grant search, you’ll come across the terms below, so learn to identify these different grant types to help you determine which ones are most beneficial to your interests.<\/p>\n\n\n\n

6 Key Types of Grants<\/strong><\/h2>\n\n\n\n

1. Program Development Support<\/a><\/strong><\/h3>\n\n\n\n

The most popular type of grant is for Program support. Program grants provide funding for specific projects or programs. Generally, these are restricted grants, where recipients must only use funds for the exact purpose outlined in the grant proposal. Most program grants are for nonprofits<\/strong><\/a>, but you may also find some for businesses<\/strong> <\/a>and individuals<\/a> <\/strong>to start a program or fund an already-existing program.<\/p>\n\n\n\n

2. General Operating Support<\/a><\/strong><\/h3>\n\n\n\n

General Operating Support grants can help to offset almost any operating expense for your organization. In addition, operating support grants are less restrictive than program support grants. But, as expected, operating support grants are a rarity in the nonprofit world. They are certainly not as common as we would all like them to be! <\/p>\n\n\n\n

3. Capital Funding Support<\/a><\/strong><\/h3>\n\n\n\n

Another type of grant is Capital Funding support. These grants are most commonly for capital projects such as building construction, property acquisition, or similar expansion campaigns. However, only established organizations are usually encouraged to apply for capital funding. Also, the proposal needs to convey the intention that the use of this support involves a plan to accomplish more than just build or renovate a building. <\/p>\n\n\n\n

4. Research Grants<\/a><\/strong><\/h3>\n\n\n\n

Research grants are frequently awarded to individuals or teams associated with institutes of higher education and research-oriented organizations. These grants promote the necessary demand for research essential to academic achievement and scientific discoveries in a variety of areas. However, applying for research grants is quite a competitive process.<\/p>\n\n\n\n

5. In-kind Donation Grants<\/a><\/strong><\/h3>\n\n\n\n

Sometimes, organizations need resources other than monetary funding. Subsequently, In-kind Support grants provide alternative assistance in non-monetary forms, such as donations of equipment and supplies or free consulting. While many may often overlook in-kind donation grants, do not underestimate their value.<\/p>\n\n\n\n

6. Matching Grants<\/a><\/strong><\/h3>\n\n\n\n

Finally, there are Matching grants, also known as \u2018cost matching.’ With this type of grant, a funding source agrees to \u2018match\u2019 a specific dollar amount of funds, but only if the applicant raises at least that same amount. For example, a funder may agree to fund one dollar for every dollar the applicant raises within a set timeframe. Don\u2019t be afraid of these grants, as they can be highly beneficial.<\/p>\n\n\n\n


Find the Type of Grant to Best Suit Your Needs<\/strong><\/h4>\n\n\n\n

In conclusion, you will achieve the best results during your grant-seeking journey if you understand how these 6 key types of grants can assist in funding your interests. A clear grasp of these terms can be key in determining the best grant type for your needs.<\/p>\n\n\n\n

About GrantWatch<\/strong><\/h4>\n\n\n\n

With over 8,500 grants<\/strong><\/a> currently available, GrantWatch.com<\/strong><\/a> is the leading grant listing directory. Upgrade to a MemberPlus+ subscription<\/strong><\/a> to view the full grant details, including eligibility criteria and application information. For more information, you can also visit the GrantWatch FAQ<\/strong><\/a> page. To see the great value of all 20 of the top GrantWatch features, click here<\/strong><\/a>.<\/em> Watch the latest episode of GrantTalk<\/strong>, powered by GrantWatch, with host Libby Hikind. You don\u2019t want to miss this. Visit us on YouTube<\/strong><\/a> weekly. Get your copy of The Queen of Grants: From Teacher to Grant Writer to CEO<\/a><\/strong>, by Libby Hikind.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

So, you know there are 60 grant categories on GrantWatch. And you know thousands of grants exist for individuals, nonprofits,<\/p>\n","protected":false},"author":19,"featured_media":27461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sb_is_suggestion_mode":false,"_sb_show_suggestion_boards":false,"_sb_suggestion_history":"","_sb_update_block_changes":"","_is_real_time_mode":false,"_realtime_collaborators":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[138,118,147,143],"tags":[117,1368,1587,1624,1593,1589,1588,21,280,366,1493,236,1582,1583,1580,1586,1591,201,1585,1581,1584,408,1590],"class_list":["post-51855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-grants","category-latest","category-nonprofit","tag-business","tag-capital-projects","tag-cost-matching","tag-funding-support","tag-general-operating-support","tag-grant-categories","tag-grant-types","tag-grants","tag-grants-for-individuals","tag-grants-for-nonprofits","tag-grants-for-small-businesses","tag-grantwatch","tag-grantwatch-database","tag-in-kind-donation-grants","tag-in-kind-support","tag-key-types-of-grants","tag-matching-grants","tag-nonprofits","tag-operating-support-grants","tag-program-development-support","tag-program-grants","tag-research-grants","tag-research-oriented-organizations"],"yoast_head":"\n6 Types of Grants for Nonprofits and Businesses, and How to Find The Grants?<\/title>\n<meta name=\"description\" content=\"Do you know the 6 key types of\u00a0grants? 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In fact, there are six different types of grants, so it's important to understand the different ways in which each grant type can help your nonprofit to succeed. 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Though programming is the key component in any organization's successful outreach missions, operational support is crucial to ensure that a strong organizational foundation exists to allow the programs to be of actual benefit. GrantWatch is shifting the conversation by spotlighting\u2026","rel":"","context":"In "Grants"","block_context":{"text":"Grants","link":"https:\/\/www.grantwatch.com\/grantnews\/grants\/"},"img":{"alt_text":"Split image comparing grant types. 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You may have heard of grants before, but maybe you're not sure why the use of grant funding is a good idea for your organization to consider. In addition, you may wonder where you can find\u2026","rel":"","context":"In "Education"","block_context":{"text":"Education","link":"https:\/\/www.grantwatch.com\/grantnews\/education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2023\/05\/Why-is-a-Grant-a-Good-Idea.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2023\/05\/Why-is-a-Grant-a-Good-Idea.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2023\/05\/Why-is-a-Grant-a-Good-Idea.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2023\/05\/Why-is-a-Grant-a-Good-Idea.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":44931,"url":"https:\/\/www.grantwatch.com\/grantnews\/do-you-know-the-5-types-of-grant-funding-sources\/","url_meta":{"origin":51855,"position":3},"title":"Do You Know the 5 Types of Grant Funding Sources?","author":"Nikita","date":"May 24, 2024","format":false,"excerpt":"When discussing grants, it is important to consider the various types of funding sources that provide them. While the government is a commonly known funding source, it actually accounts for less than 30% of all grants. This leaves 70% to be covered by other sources. What's more, funding sources differ\u2026","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/www.grantwatch.com\/grantnews\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2024\/05\/What-Are-the-5-Types-of-Grant-Funding-Sources-V2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2024\/05\/What-Are-the-5-Types-of-Grant-Funding-Sources-V2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2024\/05\/What-Are-the-5-Types-of-Grant-Funding-Sources-V2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2024\/05\/What-Are-the-5-Types-of-Grant-Funding-Sources-V2.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":75374,"url":"https:\/\/www.grantwatch.com\/grantnews\/10-operating-grants-that-keep-nonprofits-running-strong\/","url_meta":{"origin":51855,"position":4},"title":"10 Operating Grants That Keep Nonprofits Running Strong","author":"GrantWatch Staff Writer","date":"March 27, 2026","format":false,"excerpt":"Keep local nonprofits running strong and you'll see the difference they make in your community. Every day, nonprofits feed families, support kids, protect animals, and uplift communities. However, even the most passionate teams need funding to pay staff, cover rent, and keep programs going. That's why grants are so important,\u2026","rel":"","context":"In "Grants"","block_context":{"text":"Grants","link":"https:\/\/www.grantwatch.com\/grantnews\/grants\/"},"img":{"alt_text":"Professional man and woman reviewing a laptop together in an office or industrial workspace, with the man pointing at the screen while holding a tablet. 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As a nonprofit or small business, funding programs and projects can be a challenge. You may have heard of grants before, but maybe you're not sure why the use of grant funding is a good idea for your organization to consider. 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