regrant

Regrant is a financial strategy where an organization, usually a large corporation or government agency, transfers funds to a smaller entity, known as a subgrantee or subrecipient, to carry out a specific project or program. The primary organization that makes the grant is referred to as the prime grantor or pass-through entity.

The regrant can take various forms, including a direct grant from the primary organization to the subgrantee or through a third-party agency that administers the funds. In some cases, the regrant can be used to further the interests of the primary organization or to promote a specific agenda.

The regrant process often involves a formal application and approval process, where the subgrantee outlines the project objectives, budget, and timeline. The prime grantor typically has a significant role in overseeing the regrant process, including monitoring the progress, reviewing reports, and ensuring compliance with the agreed-upon terms.

Regrants can be used to achieve various goals, such as supporting local community projects, advancing research and development, or promoting economic development. They can also be used to reduce the administrative burden on the primary organization by delegating the implementation of a project to a smaller entity with specialized expertise.

The regrant process can be seen as a way to leverage resources, expertise, and networks to achieve specific objectives. However, it can also be subject to criticisms regarding the distribution of funds, the accountability of the subgrantee, and the effectiveness of the project outcomes.