Recoverable grant defined

A recoverable grant is a financial grant to a for-profit or nonprofit entity where all or part is returned (or directed elsewhere) if certain financial or impact milestones that support the grant’s charitable purposes are achieved. For tax and accounting purposes, recoverable grants are most commonly treated as grants by both the grantor and the grantee.*

Revolve's recoverable grants are sized between $1,000 and $100,000, and repayment only occurs when an organization achieves certain financial success.  Any grant funding that is returned to Revolve will be recycled for new investments. 

Donors and funders to Revolve do not earn a financial return. This is a charitable donation.

*In uncommon circumstances, a recoverable grant may be treated as an accounting liability for grantees.