Accepting risk: why it matters in grant-making

Risk is inherent in any grant, project, or enterprise – there is no venture that is free of the risk of something getting in the way.

It is therefore very important to improve our understanding of funding risk – what it looks like, who carries it, and what benefits it can deliver.

This briefing discusses the benefits of explicitly considering risk in grant-making, how to know if you have the appropriate approach to grant-making, and assessing your foundation’s approach to risk.