What is the cost-share requirement? What is the difference between “cash” and “in-kind” contributions?
A grantee is required to share at least half of the total project costs. Sponsoring organizations can use cash and in-kind contributions to meet their cost-share requirement. In-kind contributions include donated services and goods, or the use of office space, equipment, telephones, and supplies. Cash contributions are the actual dollars or organizational resources assigned to a project. Put another way, when actual money changes hands and can be documented with receipts and canceled checks (as with salaries, equipment rental, postage, travel, etc.) that expense is considered in the “Cash” column. When goods or services are donated, as in the case of volunteer time, that amount is considered in the “In-Kind” column.
Related Questions
- What constitutes an eligible type of departmental/college cost share? Is this strictly cash or can it be something else, such as in-kind contributions, space, etc?
- What is the cost-share requirement? What is the difference between "cash" and "in-kind" contributions?
- Is there a minimum non-federal cost share requirement?
