The world of grant writing is filled with acronyms. Here are some common ones:
LEA: Local Education Agency (e.g., school district)
SEA: State Education Agency
IHE: Institution of Higher Education
RFP: Request for Proposals
NOFA: Notice of Funding Availability
HUD: Department of Housing & Urban Development
EDA: Economic Development Agency
501(c)(3): Section of the Internal Revenue Code that designates an organization as charitable and tax-exempt.
509(a): Section of the tax code that defines public charities.
"Bricks & Mortar": An informal term indicating grants for buildings or construction projects.
Endowment: The principal amount of gifts and bequests that are accepted subject to a requirement that the principal be maintained intact and invested to create a source of income for a project or agency.
Grant Monitoring: The ongoing assessment of the progress of the activities funded by a donor, with the objective of determining if the terms and conditions of the grant are being met and if the goal of the grant is likely to be achieved.