There are some truths about grant money and there are some myths too. The first truth that I would point out is that there is an endless sea of free money available to the public such as television and Internet ads that you have to believe. Unfortunately, there are people out there that target the uninformed in the name of profit. They know that people are struggling financially and would jump at the opportunity to receive free money to pay debts, make repairs
Overall, I would propose that the general public does not understand that subsidies work, and as a result, the ads are attractive prey, paying hundreds and sometimes thousands of dollars for cds, books, and workshops that leave them alone as with nothing and confusing than ever. For those of you who do not know the correct definition of a grant, a scholarship is free money, this is true. However, people who are looking for home improvement grants or grant to finance the implementation of a business are not the traditional recipients of subsidies.
Two groups are eligible for subsidies. The first group is the category I like to call corporate. These are 501c3 nonprofit business. Now for those of you who do not know what a 501c3, which is a revenue-generating business that is organized for charitable purposes and can receive tax-deductible donations. In other words, is a tax haven for people who have money to give away in exchange for a tax on income. The second group is not institutions. Individuals and civic groups 501c3 not fall under this category. Again, most grants are given to groups that have institutional IRS approved 501c3 tax exempt status. If you do not have a registered tax exempt business, then come into the category of non-institutional.
Now we will discuss how individuals and civic groups can go about finding grant opportunities. Although not free money, not the money that can be used for anything of your choice. As an applicant for the grant, you must meet certain requirements and qualifications are very specific and targeted at groups of unique individuals.
An example of a group is unique artists. There are numerous sources of grants for artists. The local and state arts councils are a good place to begin your search. In Georgia, is Fulton County Arts Council and the Georgia Council for the Arts. The Foundation Center, a national library resource for non-profits and individuals looking for grant information, is another reliable source. Among these sources is that there is cash donations, however, are commonly reserved or restricted to the prizes for the winners, special projects and artist residencies artist.