How many grants does EuropeAid award in a year? Since 2008, according to its website, the number has never fallen below 2,000.
EuropeAid considers its grants as “donations.” It approves them on condition that the projects they fund will not give rise to profits. Hence, aside from governments and international agencies, EuropeAid grants typically go to nongovernmental organizations based in Europe or beneficiary countries. Grants to NGOs seldom cover total project costs: Cofinancing by grantees is expected, though it’s generally much less than EuropeAid funding, ranging from 5 percent to 30 percent of the total project cost on average.