| A | B |
| grant | form of federal or state financial aid that does not need to be repaid. |
| gift Tax | a tax imposed on transfers of property by gift during the lifetime of the giver. |
| grant applicationĀ | an application to apply for federal aid from the government. |
| charitable corporation | a type of non-profit organization (NPO). The term is relatively general and can technically refer to a public charity foundation. |
| charitable deduction | deductions allowable for a decedent's contributions to qualifying charitable organizations. |
| cash equivalent | short-term investment with a high degree of safety that can be converted to cash quickly. |
| lapsed donor | someone who has not donated to your organization within the last year, two years or three years. |
| earmarking | To specify or set aside for a particular purpose. |
| restricted grantĀ | grant is one made with specific instructions for use. |
| vision statementĀ | A form of mission statement, issued by a company or organization, in which its intentions for the future are stated. |
| joint funding | promotional strategy in which a firm's sales are linked (and a percentage of the sales revenue is donated) to a charity or other public cause. |
| stipend | A fixed and regular payment, such as a salary for services rendered or an allowance. |
| board of directors | a group of persons chosen to govern the affairs of a corporation or other large institution. |
| non-profit business | business that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. |
| profit business | businesses that their main goal is to make profit on the customer. |