Multiyear grants are commitments foundations make to grantees for multiple years, and many Exponent Philanthropy members find these commitments to be powerful tools.
To be clear, multiyear grants involve up-front commitments for multiple years—for example, a $40,000 grant payable in two annual installments of $20,000. In contrast, although many foundations support the same grantees annually, annual grants do not involve up-front commitments of ongoing support and do not yield the same advantages.
Why not simply make repeated annual grants—asking grantees to reapply each year?
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