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Topical Terminology > Challenge Grant



4 Definitions

Challenge Grant

For Challenge Grant we have terms and definitions in 4 topics. The topics are Charitable Giving, Fundraising, Grantmaking and Philanthropy.



Challenge Grant (Charitable Giving)

A grant that is made on the condition that other funding be secured, either on a matching basis or by some other formula, usually within a specified period of time, with the objective of encouraging expanded fundraising from additional sources.


Challenge Grant (Fundraising)

A grant that is paid only if the donee organization is able to raise additional funds from other sources. Challenge grants are often used to stimulate giving from other donors. See also:Conditional Grant, Joint Funding, Matching Gift, Matching Grant


Challenge Grant (Grantmaking)

A grant that is paid only if the donee organization is able to raise additional funds from other sources. Challenge grants are often used to stimulate giving from other donors. See also:Conditional Grant, Joint Funding, Matching Gift, Matching Grant


Challenge Grant (Philanthropy)

A grant that is made on the condition that other funding be secured, either on a matching basis or some other formula, usually within a specified period of time, with the objective of encouraging expanded fundraising from additional sources.




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