The IAF funds initiatives received in response to its call for proposals from grassroots groups and the organizations that support them in Latin America and the Caribbean. Projects are selected for funding on the basis of merit rather than by sector. Successful applicants receive between US$25,000 and US$400,000 over a period of from one to five years. IAF grantees are required to contribute in cash or in kind toward the success of their projects and are encouraged to mobilize resources to continue their impact after their IAF funding has ended.