Matching dollar definition
Matching dollar or “Matching funds” means actual cash or in-kind contributions raised and designated for the purpose of matching a grant award from the Cultural Facilities Grant program. Match must be on a 1:1 cash basis, and must be documented in a manner established by RISCA. For the Cultural Facilities Grant Program 25% of the match may be in-kind contribution of goods and services. Matching funds may include private funds donated or loaned to the Grantee by a financial institution or community- based lender and designated for the project, or federal or municipal appropriations. Funds appropriated by the State of Rhode Island or previously awarded through either the State Cultural Facilities Grant Program or State Preservation Grants may not be counted as part of the Match. Matching funds may NOT include operating funds.
Matching dollar or “Matching funds” means actual cash or in-kind contributions raised and designated for the purpose of matching a grant award from the Cultural Facilities Grant program. Match must be on a 1:1 cash basis, and must be documented in a manner established by RISCA.
Matching dollar or “Matching funds” means actual cash or inkind contributions raised and designated for the purpose of matching a grant award from the Cultural Facilities Grant program. Match must be on a 1:1 cash or inkind basis as determined by RISCA, and must be documented in a manner established by RISCA. For the Cultural Facilities Grant Program 25% of the match may be inkind contribution of goods and services. Matching funds may include private funds donated or loaned to the Grantee by a financial institution or community based lender and designated for the project, or Federal or municipal appropriations. Funds appropriated by the State of Rhode Island or previously awarded through