Are there required percentages for cash and in-kind matches?
No, the IAC leaves that up to the applicant, but both kinds of match are important. In-kind lets the panelists and Iowa Arts Council board know that you have community support for your project. Cash lets them know that you have other resources for your project besides IAC funding and donated services.
Related Questions
- Do the required matching funds have to be in cash, or can they be in-kind donations and services, e.g., staff time working on the program?
- Can cash or in-kind contributions that were obtained before the grant award be counted towards the non-Federal match?
- Is there a fixed or recommended ratio of in-kind vs. cash contribution?
