Grantee

A grantee is an individual or organization that receives a grant, which is a sum of money provided by a government, foundation, or other funding agency for a specific purpose. The grantee uses these funds to support projects or programs, typically in fields such as education, research, or community development. Grants usually come with specific guidelines on how the money should be used, and grantees are often required to report on the outcomes and effectiveness of their projects to the granting agency. Essentially, a grantee is the beneficiary of financial support aimed at achieving particular goals.