Billions of dollars move through grant programs every year. Most of them can tell you how much went out the door. Almost none can tell you whether anything changed.

The compliance is meticulous. The reporting is exhaustive. The outcomes are unmeasured. The workers are burnt out. The communities are still waiting. And the programs keep running, not because they’re working, but because nobody designed them to stop.

This book asks the question nobody inside the grants ecosystem is supposed to ask: what would it mean to fund so well that the grant program is no longer needed?

The Last Grant Program is set to be published April 2026.