Meet the BC funder who’ll pay you for time you spend applying for a grant
This spring, Clayoquot Biosphere Trust will offer grant applicants $500 to help cover the time and expenses they incur to complete a full application for one of the foundation’s funding streams.
Why It Matters
Social purpose organizations spend thousands of hours each year applying for grants. A new practice — of grantmakers compensating for that time — could help to soften the financial impact of unsuccessful grant applications and could help increase the number of grant applications from organizations with limited fundraising capacity.
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