Thousands of Americans receive government grants every year. These grants are offered at the Federal, State and local government level.
Government grant programs are offered by virtually every government department in
existence at both the federal and state government level. Each department uses
government grant funding to direct and
implement their unique economic and social initiatives. When searching for grants, it's important to remember that
federal grant
initiatives are often called something different at the local level. Always research the availability of Federal government grants, as well as State
and local level grant program funding.
The purpose of government grants is to invigorate the economy with the aim of increasing the standard of living enjoyed by
all American citizens. Government grant funding is a powerful tool for government agencies to target areas of the economy, specific communities and various groups of people
for spending initiatives. These government grants are often targeted
toward areas that the government has deemed in need of financial assistance
in order to grow and prosper.
The Able Government Grant Resource helps grant seekers find the funding
and grant programs available today. Spend your time applying for grants -
not looking for them!
Order your Grant Resource today!
You can use Visa, MasterCard, American
Express, Discover or any U.S. bank account.
Buy your Grant Resource
with a Money Order? - click here for information!
It is unfortunate that so many people either don't realize that government grants exist, or don't understand that they, too, can access government grant money. All Americans are eligible to apply for
US government grants. All grants have different eligibility requirements and all should be investigated to
assess whether they are appropriate for any particular individual, business or community group.
Getting a government grant is not dependent on one's financial resources
or financial history. The first step in finding free grant money is
learning about government grant programs that are available to you -
today.
Facts About Government Grants
-
The US Government spends over $400 billion annually
on grant programs
-
Government grants do not have to be repaid
-
Federal Grants are provided to
a) a State/States, territorial possession, county, city, other political
groupings
b) domestic profit or nonprofit corporation or institutions
c) individuals
About Government Grants at the Federal Government
Level
There are several types of Federal government grants. These categories of
grant programs all operate differently and have their own methods of
operating and awarding grant money. These include:
1) Project Grants
Project Grants are the most common form of federal government grants. They
are awarded competitively and many can be found in broad areas that
include technology development, scientific research, the arts, healthcare,
social services, and education. An example of a project grant is the
Federal Pell Grant Program.
2) Formula Grants
Formula Grants disperse funds as dictated by US law. Examples of Formula
Grants include the Job Training Partnership Act and the Work Incentive
Program. Formula grants are categorized as either Block Grants or
Categorical Grants. Block Grants combine categorical grants under one
single program. Block grants allow for freedom in using grant money than
do categorical grants. Examples of Block Grant Programs include the
Alcohol, Drug Abuse, and Mental Health Services Block Grant and the
Community Development Block Grants. Categorical Grants allow grant money
to be spent within very narrow, well-defined guidelines and often
recipients must match a portion of the grant funds awarded.
3) Earmark Grants
Earmark Grants are not competitively awarded, but instead are awarded
based on appropriations of the US Congress. It is for this reason this
grant category has become controversial in recent times, as intense
political lobbying is involved in the awarding of these grants to
recipients. The Congressional Research Service found earmarks grants
totaling $64 billion in fiscal year 2006. That's up from $19.5 billion in
fiscal year 1996.
Our collection of government grant resources enables every American citizen
to learn about government grants and how to quickly and easily search for
grant programs that are appropriate for
their needs. The goal is to help people access the resources they need to
successfully apply for and obtain a government grant useful for their
purposes.
Please contact us with any questions about government grants or our
online grant resources.