Fund Raising and Investment Management Costs. Costs of fund raising, including financial campaigns, solicitation of gifts and bequests, and similar expenses incurred to raise capital or obtain contributions, are unallowable regardless of the purpose for which the funds will be used. a. Costs of fund raising, including financial campaigns, solicitation of gifts and bequests, and similar expenses incurred to raise capital or obtain contributions, are unallowable regardless of the purpose for which the funds will be used. b. Costs of investment counsel and staff and similar expenses incurred to enhance income from investments are unallowable.
Appears in 53 contracts
Samples: State Aid and Targeted Grants Contract, State Aid and Targeted Grant Contract, State Aid and Targeted Grant Contract
Fund Raising and Investment Management Costs. a. Costs of organized fund raising, including financial campaigns, solicitation of gifts and bequests, bequests and similar expenses incurred to raise capital or obtain contributions, are unallowable regardless of the purpose for which the funds will be used.
a. Costs of fund raising, including financial campaigns, solicitation of gifts and bequests, and similar expenses incurred to raise capital or obtain contributions, contributions are unallowable regardless of the purpose for which the funds will be used.
b. Costs of investment counsel and staff and similar expenses incurred to enhance income from investments are unallowable.
Appears in 2 contracts
Samples: State Financial Assistance Contract, State Financial Assistance Contract
