Definitions for "Capital Grant"
A grant made for equipment or construction projects.
A grant made to an organisation towards a major item of capital expenditure, such as the construction of a building. Although many Trusts and Foundation specifically exclude funding such appeals, there are exceptions where there is community benefit.
"Capital" refers to goods such as buildings, machinery and equipment that are used in the processes of production. These may form the "assets" of an organisation (on the balance sheet, which might even include bequeathed investments – see Legacy) in contrast with "revenue" or "current" expenditure. Applications for capital grants in relation to construction projects are likely to have to show that all statutory building regulations – including disabled access – have been complied with and the relevant permissions given by the appropriate authorities, as well as a range of competitive quotations for the desired work.
a contribution of funds to be used as permanent lending capital