With the US economy in a state of recession, many Americans are feeling the crunch when it comes to their money. They are cutting back on their spending and even on necessities, but this doesn’t have to be. What many Americans don’t know is that there are billions of dollars at their fingertips that are being distributed in the form of government and private sector grants and all they need do is apply.
This is free money that does not need to be repaid and that many companies and organizations continue to fund because of the great tax breaks, among other benefits. In fact foundations are required by law to give away 5% of their total assets each year to maintain their tax-exempt status.
Government grants are free cash donations that are funded by tax dollars. There are over 1500 Federal grants programs managed by 57 different Federal agencies and