Trending and Transparency - The State of the Granting Industry
Enter the term “trends in granting” into Google and you’ll get back 38,700,000 results. You’ll find a wide range of documents, including reports from well-respected organizations, blogs written by grantmakers, case studies and fact sheets. That’s a lot of information, and few have the time to sift through it all. Yet grantmakers need to keep up to date on the latest trends to learn what will be a short-term fad and what’s going to impact how they award funding in the future. How is the granting space changing? We did some digging ourselves and discovered three major topics of note that all revolve around the predominant theme of transparency in the granting industry. This is thanks to a range of factors, including the prevalence of smart technology and social media that has lead to the growing use of digital media to share outcomes. This topic is heavily influenced by the millennial generation moving into more senior, decision-making roles. We’re also seeing an increasing f