> For the complete documentation index, see [llms.txt](https://documentation.opencollective.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://documentation.opencollective.com/fiscal-hosts/funds-and-grants.md). # Funds and Grants How Funds and Grants let you disburse money to other organizations and individuals on Open Collective. ## Funds A Fund is an account type built for disbursing money rather than receiving it. A Fund can contribute to Collectives and is also designed to hold and display its own balance, show a full transaction history, and pay money out through Grants and Expenses. If you're more focused on giving money away than raising it, a Fund is likely the right fit. ## Grants A Grant is a type of disbursement, similar to an expense but where an expense is typically submitted by the person or project being paid, a Grant is issued by a Fund or Collective to an eligible recipient. ### Find out more [**Understanding Funds**](/fiscal-hosts/funds-and-grants/understanding-funds.md) New to Funds? Start here to learn who can create one, why they exist, and how funding decisions get made. [**Funds**](/fiscal-hosts/funds-and-grants/funds.md) Already hosting Funds? Learn how to create, manage, and export data for the Funds under your Fiscal Host. [**Grants**](/fiscal-hosts/funds-and-grants/grants.md) Learn how to review, approve, and manage Grant requests submitted to your hosted Funds. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://documentation.opencollective.com/fiscal-hosts/funds-and-grants.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.