In the arts, what we call a "grant" is usually a gift—a sum of funds or another resource that is given to an individual without the expectation of repayment. Under this general heading, there are more specific types of funding:
Pay your taxes knowing that money goes to help other artists achieve their dreams. Keep in mind that your audience for a public grant might be broad...
These groups typically have very specific agendas or missions. You should be able to deduce the mission of a foundation or nonprofit on their website.
Donations, Individuals, Crowd Sourcing — whatever goes!
A grant is a good way to get more money and/or time to enhance your professional career. Most artists could use more money, but it's important to understand that there are very few opportunities that will give indefinite or complete financial security for an artist. Stay realistic! Do not assume you will receive the first grant you apply for. Do not assume you'll quit your day job.
Before you start researching and looking for opportunities, ask yourself the following questions:
Andrea Fraser, Museum Highlights: A Gallery Talk 1989 © Andrea Fraser; courtesy Galerie Nagel Draxler, Berlin.
Take a few minutes to jot down your goals. What motivated you to come to this workshop today? Hint: it's not only about the money.
Schedule times to research new opportunities. It takes time to find and apply for opportunities.
Track deadlines, keep a research log, refine frequently used documents (such as an artist's statement and narrative bio) so applying is less of a hassle. Keep records of past applications and proposals so you can build off your work as you continue to apply for professional opportunities. I create folders in Google Drive for each new opportunity so I can easily access these materials.