Personal grants are defined as monetary grants for personal assistance. Personal grants come in the form of individual grants and assistance and monetary awards to a second party like medical clinics, dentists and electric companies to help cover specific incurred costs. Here, we explore both personal grants and grants for personal assistance.
Personal grants can be awarded by any entity structured as an agency designated by the Internal Revenue Service and allowed to disperse funds used specifically for the greater public good. Private and corporate foundations infrequently disperse funds to maintain the quality of life, but many times do award personal grants to state and local charities to cover specific emergency costs within their mission focus.
The Althans Foundation supports established organizations in Cuyahoga County that serve the broad range of personal care, development and enrichment needs of at–risk children and honors second party requests grants for personal assistance. The mission of the Hugh J. Andersen Foundation is to honor grants for personal assistance so as to give back to their local community through focused efforts that foster inclusivity, promote equality, and lead to increased human independence, self sufficiency and dignity.
The Abington Foundation was established to support organizations honoring secondary personal grants which promote community health, welfare and education. The Bedford Community Health Foundation honors personal grants for assistance payable to secondary health care providers in the areas of dental care, physical therapy and hospice care. The Patterson Foundation provides grants for personal assistance to state and local nonprofit organizations in the dental, veterinary and occupational health arenas.
Many people are under the false impression that the United States federal government provides personal grants which can be used for almost any reason and purpose. Nothing could be further from the truth. The United States federal government does disperse grants for personal assistance in the form of governmental aid for those at one hundred percent or below the poverty level. Grants for personal assistance through federal dispersed aid include individual financial help with:
- Child Care
- Disaster Relief
- Basic Living Assistance
Another fallacy is the federal government provides personal grants to start a business or purchase property. While good old Uncle Sam does provide basic life sustaining monetary assistance in several forms, individual grants for personal assistance are simply not on the table.
As you have learned, personal grants come in the form of individual grants and assistance and monetary awards to a second party like medical clinics, dentists and electric companies to help cover specific incurred costs. Private and federal entities offer application opportunities for personal grants that everyone, including you can apply to take advantage for.