Matching Funds means the amount and nature of the moneys or resources to be used by the Local Political Subdivision or Nonprofit Organization for the Project. Such funds shall constitute not less than twenty-five percent (25%) of the total Cost of Project set forth in Appendix D and may consist of money by any person, any Local Political Subdivision, the State of Ohio, or the federal government or of contributions in-kind by such parties through purchase or donation of equipment, land, easements, labor, or materials necessary to complete the Project.
Matching Funds. (Local Funds, or Local Match) means the funds provided by Subrecipient as a match required to receive the Grant Funds and includes in-kind contribution.
Examples of Matching Funds in a sentence
Matching funds for indirect expenses provided by the institution may not exceed 20 percent of the matching funds contributed by the institution and/or other non-NYS sources.
More Definitions of Matching Funds
Matching Funds means an amount no less than twenty-five
Matching Funds means money that equals that percentage of federal contributions required by the federal act to be matched with state funds.
Matching Funds means funding (cash or In-kind Funding) in support of the Project received by [Land Trust] through sources other than Canadian federal government investments (including the COVID-19 Canada Emergency Wage Subsidy or any other COVID-19 relief funding), including the amount of unpaid fair market value of the land or Property (e.g. difference between appraised value and paid or receipted value), contributions to Stewardship Endowment and contributions to cover costs directly related to the Project.
Matching Funds means funds provided by the Grantee for performance of the Work, which may be either cash or in-kind funds, as permitted and specified in Exhibit B. Matching Funds cannot include any Federal Funds, and State Matching Funds may not be used to reimburse Pre-award Costs, unless authorized in this Grant.
Matching Funds means money that is provided by the public entity and does not consist of funds previously received from state or federal agencies or public entity funds previously used to match federal or state funds. This definition shall be retroactive to July 1, 1967.