For many grant funders, requiring that their applicants leverage personal funds towards a proposed project is an effective way to guarantee that their grantmaking dollars have a greater impact. Doing so increases the total amount of monies spent on the propose initiative, effectively making their investment go further. This tactic also ensures that the applicant entity “has some skin in the game”. After all, it’s easy to propose a risky venture when you’re spending someone else’s cash! However, if you’ve also had to pay out of pocket for the initiative, its much more likely that you’re going to want to guarantee the proposed project’s success.