There are a lot of grant opportunities in the world of grants to pursue. It can be inviting to get familiar with all the options, and it can become confusing to sort out which type of grant funding is right for your nonprofit. So, below, grant types will help you. What grant type is for what: Pass-through Grants – Initiate from the federal government.; Competitive Grants - Each proposal is given a score based on criteria.; Continuation Grants - To renew its previously awarded grant.; Formula Grant - Non-competitive awards are usually allocated based on predetermined criteria.