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Knowledge base

What is a "payout requirement" for a private foundation?

https://learning.candid.org/resources/knowledge-base/payout/

When the U.S. government grants a private foundation tax-exempt status, it expects the foundation to use its money to do good for society. To make sure that happens, the government...

Knowledge base

What resources are available for setting up a scholarship fund?

https://learning.candid.org/resources/knowledge-base/scholarship-funds/

Scholarship grants change the lives of their grantees by providing access to education, resources, and powerful networks. Some scholarship funds also leverage their programs to impact society in a broader...

Knowledge base

Can religious or faith-based organizations apply for foundation grants?

https://learning.candid.org/resources/knowledge-base/faith-based/

The simple answer is yes. Foundations prefer to give to applicants with 501(c)(3) exempt status, and places of worship, including churches, mosques and synagogues, and faith-based organizations generally qualify for 501(c)(3)...