What are the differences between outright funds, matching funds, and cost sharing?
Outright funds are awarded without being contingent on additional fund-raising. Matching funds require a grantee to obtain gift funds from third parties before federal funds are awarded. Cost sharing consists of the cash contributions made to projects by the applicant and third parties as well as third-party-in-kind contributions, such as donated goods and services. Cost sharing also includes gift money that will be raised to release federal matching funds.
