Key Distinctions Between Types of Funders
Public Funders (State & Federal): • Typically focus on broad societal impact, policy-driven initiatives and compliance with legislative priorities • Require highly structured application processes with strict eligibility criteria and reporting requirements • Offer limited flexibility in relationship-building; funding decisions are largely bureaucratic and programmatic • Have highly standardized applications and proposal submission processes; compliance-driven and often require cost-sharing or matching funds • Typically emphasize long-term societal impact, compliance and quantitative metrics Private Foundations: • Prioritize mission alignment, innovation and long-term impact in specific areas of interest • Are relationship-driven; often value multi-year partnerships and thought leadership from grantees • Have more flexible applications and proposal submission processes but extremely competitive; may involve direct outreach or invitations to apply • Look for measurable impact but may allow for qualitative storytelling and innovation — no formal fiscal accountability; reports are stewardship of the philanthropic grant/gift
7
2025 Corporate and Private Foundation Funding Guidebook
Made with FlippingBook - professional solution for displaying marketing and sales documents online