Since 2007, the Knight Foundation has leveraged grantmaking challenges to supplement our traditional funding and generate impact in journalism, arts and community engagement.

A new Knight report, The Craft of Incentive Prize Design, explores the rise of innovation challenges in the public sector over the last five years. It builds on a 2013 report, Why Contests Improve Philanthropy: Six Lessons on Designing Prizes for Public Impact

These reports show how grant prizes and challenges surface ideas, people and organizations in ways that traditional granting processes often miss. They also provide a comprehensive guide for organizations that want to create a successful grant challenge.