The Scottish Council for Voluntary Organisations is launching an Intelligent Funder Fellowship to explore how bodies can improve their grant-making.
The three-year project will look at how to decide which causes to fund, how to learn from previous funding initiatives and how to negotiate funding partnerships. There will also be an investigation into how grant-making bodies can create 'good funding guides'.
The study will be funded with a £250,000 award from the Big Lottery Fund. Sir Clive Booth, chair of the fund, said: "Intelligent funding is a complex issue requiring sensitivity to context and an openness to learning from a range of sources.
"Although there are differences associated with funding in different parts of the world, there are also a number of synergies."