Grant Funding and the For-Purpose Sector 2024 Benchmark Report

This document is a benchmark report prepared by Strategic Grants in May 2025, focusing on grant funding within the for-purpose sector for the year 2024. It presents findings from the inaugural Grants Benchmarking survey conducted among subscribers of the Grants Expertise Management System (GEMS). The report aims to address the lack of specific fundraising benchmarking data for not-for-profits in Australia and New Zealand, providing insights into grants income and strategies for optimizing grant-seeking efforts. Key findings include participant demographics, grant funding sources, success rates, and average grant sizes. The report indicates a 62% success rate in grant applications, with an increase in both application numbers and funding amounts compared to the previous year. It also discusses the importance of collaboration between teams managing different types of grants and emphasizes the need for timely reporting and accountability in grant management. Additionally, it highlights trends in funding sources and the impact of Private Ancillary Funds on the sector.