Acceptable Forms and Source of Match. The required match may be either an actual expenditure or an in-kind contribution. In-kind contributions are typically in the form of labor, services, software licenses, and equipment. Actual expenditures shall be recognized in conformance with the Generally Accepted Accounting Principles. Match funds may be from the Participant or third parties, to the extent the funds are not sourced by, or considered discretionary funds under the control of, a state agency, as defined in Mass. Gen. Laws ch. 6, § 39.
Acceptable Forms and Source of Match. The Required Match may be either an actual expenditure or an in-kind contribution towards projects and activities that are complementary to those in the Project Plan and SOW and that further the objectives and intended outcomes. In-kind contributions are typically in the form of labor, services, software licenses, and equipment. Actual expenditures shall be recognized in conformance with the Generally Accepted Accounting Principles. Match funds may be from the Participant or third parties, to the extent the funds are not sourced by, or considered discretionary funds under the control of, a state agency, as defined in Mass. Gen. Laws ch. 6, § 39.
Acceptable Forms and Source of Match. The Required Match must either specifically cover a portion of the actual costs of the grant-funded project or must be necessary and directly related to the accomplishments of the project objectives. Required Match funds must be accrued and recognized between the submission date of Company and Xxxxxxx’s full grant application and the Term date set forth in Section 1. Required Match must be recorded and verifiable from Grantee or Company’s records and cannot be included as contributions to or match for any other federally and state funded project. Required Match may be either an actual expenditure or an in-kind contribution. In kind contributions are typically in the form of labor, services, software licenses, and equipment. Actual expenditures shall be recognized in conformance with the Generally Accepted Accounting Principles. Match funds may be from the Grantee, Company, or third parties, other private investments, or federal grants; however, match funds may not be sourced from other state grants. Match Documentation. Grantee shall document the amount of the Required Match incurred on each invoice submitted to Grantor, which must be accompanied by the Invoice Certification Form (Attachment A). Any match not reported with the invoice shall be included in the next Annual or Final Report. Payment is specifically contingent on Grantor’s approval of the form and amount of the Required Match. Match requirements shall also be listed and documented in Annual and Final Reports.
