What is a scholarship?
AnswerFunding to help pay for a student's education
Scholarships support students' education costs and are awarded for merit, need or other criteria.
Business · Facts & stats
Funding facts & stats
7 fact-checked facts about funding for projects, each with the reason behind it. 5 more are in today's round and join this page after it closes.
The basics
What does the term 'seed money' mean?
AnswerInitial funds used to get a project started
Seed money is the early funding that helps an idea get off the ground.
Going deeper
Which Florentine family was famous for funding Renaissance artists and scholars?
AnswerThe Medici
The Medici of Florence were major patrons of artists such as Botticelli and Michelangelo.
What is an in-kind donation?
AnswerA donation of goods or services instead of money
In-kind donations are items or services, such as food, equipment or volunteer skills.
The Nobel Prizes were established and funded through what?
AnswerThe will of Alfred Nobel
Alfred Nobel left most of his fortune in his will to fund the prizes, first awarded in 1901.
Expert level
Andrew Carnegie funded roughly how many public library buildings around the world?
Answer2,500
Carnegie grants paid for more than 2,500 library buildings between 1883 and 1929.
A newspaper fundraising campaign in 1885 helped pay for what part of the Statue of Liberty?
AnswerIts pedestal
Joseph Pulitzer's New York World urged readers to donate, raising money to finish the pedestal.
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