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All Posts Term: cost match
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Proposal Development

Building Leverage Through Matching Funds

Cost-sharing can be tricky waters for applicants to maneuver.  Cost-share or match components vary greatly between different funding programs. While some grants require a certain percentage of the total project cost in the form of a local cash match, others may allow in-kind matching, and still others may not require a match at all.  In these lean financial times, you may lurch at the idea of coming up with funds to match the grant; after all, you are seeking grant funding because you can't fund the project on your own, right?  However, there are several important aspects to consider with regard to matching, and you might want to hold off on tossing that grant aside before fully considering these pointers.
Grantseeking/Grant ResearchProposal Development

Finding the Perfect Match

In the grants world, "matching funds" means bringing two different funding sources together for one project. Match or cost-share requirements are minimum amounts of funding that must be derived from a source other grant funder. The purpose of match requirements is usually to promote collaborative efforts, as discussed in the July issue of GO Know, and/or demonstrate the ability of your organization to sustain a project beyond the life of a specific grant.