099 - an IRS form filled out by non-profit organizations that show their revenue and spending
Award - the actually money given or awarded to a grantee
Benefits - money or assistance given to an individual that directly benefits that person
Budget - how much money you need and how you plan to spend it
Charity - a non-profit organization that receives its funding through public donations
Close Out - the total completion of a grant and all final actions
Direct Costs - costs directly related to the project such as personnel, supplies, travel
Earmark - requirement from Congress that states money must be spent in a certain way
Executive Summary - part of the grant proposal that summarizes the rest of the proposals, often acts as a cover sheet for the entire proposal
Foundation - a non-profit, non-government organization that awards grant money
Grant Review - the process in which a grant is approved or rejected by the grantor
Grantee - the person who applies for a grant
Grantor - the funder or organization which awards grant money
Grant - monetary funds given for an "authorized purpose"
Indirect Costs - costs that are not directly related to a project but are necessary for the project to be completed, such as rent and utilities
Match Funds - money put up by the grantee or a third party organization to help fund a project/research
Multi-Year Funding - grants and projects that last more than one year
Narrative - an essay written for a grant proposal
Non-profit Organization - an organization that uses excess revenue to fund projects/grants instead of using the money for salaries or gain
Objective - specific, measurable outcome that can be completed in a specific time frame
Proposal - an essay written to ask for grant money
Statement of Need - part of the grant proposal that shows how a project is needed or different from other projects
Technology Transfer - the sharing of knowledge among universities and federal agencies to make scientific and technological advances accessible
