The funding process
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CloseInformation for grantmakers - an in-depth look at the funding process.
What is the aim of grantmaking? In most cases, it is to perform a social function or bring about a change in social conditions.
Grantmakers themselves don’t do these things - they fund others to do it. They therefore have only indirect control over the outputs and impact of the organisations and projects they fund.
Where then should the main emphasis of grantmakers be? Most people writing about grantmaking have concentrated on what grantmakers should fund rather than how they should go about it.
While the ‘what’ is a major ethical and policy matter, more emphasis needs to be placed by grantmakers on the process of grantmaking – ensuring the maximum impact at the minimum financial cost.
Grant programme planning diagram
View larger version of the grant programme planning diagram (JPEG)
Description of the diagram
The grant programme planning process is represented as a triangle, with organisation vision at the top. The process then moves to needs analysis, programme aims, objectives, approaches to delivery, resources and costs. At each stage there are issues to consider:
- purpose-led
- process-led.
Have your say
As a grantmaker, does this diagram represent what you do? What is missing/what don't you do?
Is there a difference between process-led and purpose-led issues?
Have your say on the Giving money away forum.
