These are for dermatology attending physicians who have graduated residency, and most, earlier in their career (less than 5 years out of residency). WDS offers some grants that provide monetary support for specific projects (to be applied to the project itself). The Derm Foundation offers mostly career development awards (CDAs) - these cover your salary (e.g. your time), essentially giving you about an extra 1/2 day per week out of clinic to work on research. You'll find in practice that time is usually your most precious asset and a typical full clinical load in academics (6-8 half days per week) doesn't actually allow for a lot of time to do research. The DF grants are generally considered more "prestigious" and most are of a higher monetary value than WDS grants.