In 2016 $220,000 in grants was awarded with 10 grant recipients each receiving a grant of $17,000 and 10 receiving a grant of $5,000. These artists included Bee Caves, Carson McHone, Dan Dyer, Nakia, Ray Prim, Suzanna Choffel, Swimming With Bears, The Peterson Brothers, Walker Lukensand Wendy Colonna. Additionally, 10 grant recipients each received a grant of $5,000. These artists included Brownout, Calliope Musicals, Dana Falconberry, Daniel Eyes & The Vibes, Golden Dawn Arkestra, Harvest Thieves, Leopold and His Fiction, Magna Carda, Sweet Spirit and The Name Sayers. Grant presentations were made throughout the evening by a number of Black Fret sponsors and members, as well as Austin Mayor Steve Adler, a passionate supporter of Austin music.
At the 2015 event, Black Fret gave out $150,000 in grants to local Austin musicians. 10 $12,000 grants and 10 $3,000 grants were distributed to 20 nominees over the evening, which included live performances from many nominees. The $12,000 grant winners included: Casey McPherson, Danny Malone, East Cameron Folkcore, Gina Chavez, Migrant Kids, Mother Falcon, Ruby Jane, Shakey Graves, Tameca Jones and The Digital Wild.$3,000 grant winners included: Aaron Behrens, Dan Dyer, Holiday Mountain, Jazz Mills, Max Frost, Nakia, Not In The Face, Riders Against The Storm, Shinyribs and The Nightowls. Shakey Graves donated his $12,000 grant back to the $3,000 grant winners, boosting those grants to $4,200 each. Aaron Behrens donated his $4,200 grant to the Health Alliance for Austin Musicians (HAAM).
In its 2014 season, Black Fret awarded $130,000 in grants to local Austin musicians. 10 2014 Black Fret Grant Winners each received $10,000 including Amy Cook, Elizabeth McQueen, Erin Ivey, Gina Chavez, Graham Wilkinson, Lincoln Durham, Mother Falcon, Quiet Company, The Rocketboys and Wild Child. Other nominees including Danny Malone, Dawn and Hawkes, East Cameron Folkcore, Elias Haslanger and Church on Monday, Emily Bell, Jitterbug Vipers, Jonny Gray, Little Radar, The Whiskey Sisters and Zeale received smaller grants after the event.