Performance-Based Grants

Performance-Based Grants are funding agreements in which financial support is tied to achieving specific, measurable results. Instead of providing money upfront with no conditions, grantors monitor progress and release funds or rewards only when predetermined goals or milestones are reached. This approach encourages efficiency, accountability, and effectiveness, ensuring that resources are used to produce tangible outcomes. Such grants are commonly used in areas like education, healthcare, and community development, where clear benchmarks help evaluate success and maximize the impact of invested funds.