When foundations want to award grant funds, well, rapidly, they often create processes that get these funds to grantees in considerably less time than their standard grant processes will. This fast-track process is usually dubbed a “rapid response” grant process. And when this process is created, many celebrate, and others write articles praising the foundation’s ingenuity and ability to quickly move grant funding. It is an all-around high five heard throughout the sector.
After all, they are thinking of how quickly the foundation can now provide financial support to people in need and are marveling at how multiple departments and teams effectively collaborated to make it all happen.
I, however, grow concerned.