Understanding Funders: Types, Deliverables, and Impact

A funder is an organization or individual that provides financial support for a project, venture, or initiative. Funders can be government agencies, foundations, corporations, non-profit organizations, or private investors. They provide funding in the form of grants, loans, or equity investments to support the development and implementation of projects, research, or social programs.

Funders play a crucial role in enabling organizations and individuals to carry out their work by providing the necessary financial resources. In return for the funding, funders may require certain deliverables, such as progress reports, financial statements, or specific outcomes.

There are different types of funders, including:

1. Government funders: These include government agencies that provide funding for specific programs or initiatives. Examples include the National Institutes of Health (NIH) in the United States and the European Union's Horizon 2020 program.
2. Foundation funders: These are private foundations that provide funding for a wide range of causes, such as education, healthcare, and the arts. Examples include the Bill and Melinda Gates Foundation and the Ford Foundation.
3. Corporate funders: These are companies that provide funding for specific projects or initiatives that align with their business interests or philanthropic goals. Examples include Coca-Cola's 5by20 program, which supports women's empowerment and economic development.
4. Private investor funders: These are individuals or organizations that provide funding in exchange for equity or ownership in a company or project. Examples include venture capitalists and angel investors.

Overall, funders play a critical role in supporting the work of organizations and individuals by providing the necessary financial resources to carry out their projects and initiatives.