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In addition to standard terms describing grant amounts and purposes, agreements also include provisions regarding intellectual property rights, reporting requirements, and indemnification, among other subjects. Special provisions are included that deal with international philanthropy.
Recoverable grant capital can serve the same purpose for a nonprofit organization. For example ? if a nonprofit is working to test a new, unproven solution to address climate change, they need access to patient risk capital to help them innovate and try new ways to address the problem.
The Student Learning Recovery Grant Program, created in 2021 through House Enrolled Act 1008, allocates $150 million to support accelerated learning for Indiana's students in the areas of literacy, mathematics and college and career readiness.
The Indiana Commission for Higher Education (CHE) is committed to making college more affordable for more Hoosiers. As part of that commitment, the CHE offers several grant programs for state residents.