What does "grantmaking" mean?

The discretionary awarding of grants (especially by a large foundation or other organization as a form or organized philanthropy).

What is a synonym for "grantmaking"?

Common synonyms include: arts funding, endowing, philanthropic.

noun

noun ·Rare ·Advanced level

Noun

1
The discretionary awarding of grants (especially by a large foundation or other organization as a form or organized philanthropy). US, uncountable

From grant + making.