Grantmaking—your most powerful tool. Generally, grantseekers submit a proposal to the board to fund a specific project and, if approved, receive a check from the foundation. While this is the most common type of grant, it is only one of many ways foundations can offer support to grantees. A standard project grant may be ideal for funding an innovative or proven program, but not the best way to help a fledgling organization or one under pressure to raise money quickly. This slide show offers an overview of the many grant types available to support philanthropy.

Read the full article about how grantmakers can make a change by The National Center for Family Philanthropy.