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Matching funds are funds that are set to be paid in proportion to funds available from other sources. Matching fund payments usually arise in situations of charity or public good . The terms cost sharing , in-kind, and matching can be used interchangeably but refer to different types of donations.
Management of Indonesia's National Education Development Fund (Dana Pembangunan Pendidikan Nasional) is the mandate of the LPDP. The Constitution of Indonesia stipulates that the government must allocate at least 20 percent of the state budget toward education. Investment in the fund forms a part of the government's education budget. [1]
Since 1999, more than 20,000 refugee families have saved through an ORR IDA program. Eighty-one percent (16,588) have used $74.5 million in savings and match to purchase assets valued at more than $351 million. This represents a 748% leverage of match funds. An average of $4,503 was used by each refugee saver to purchase an asset.
Funds are only released as matching funds are produced (information below). The following is an example of the grant-giving process to a nonprofit. An organization that receives a $20,000 grant from AFI, but only has $5,000 of matching funds initially will receive $5,000 from the AFI grant and the rest of the $20,000 as more funds are raised.
Eric Adams’ reelection bid is facing a watershed moment Monday when the city Campaign Finance Board is expected to decide whether to grant the indicted mayor millions in public matching funds ...
Rejecting the House’s one-bill approach, Senate Budget Committee Chair Lindsey Graham, R-S.C., introduced a fully offset $342 billion budget resolution that funds the border and military but ...
Matching may be in the form of contributing the recipient's own funds or money to suffrage program allowable costs (e.g., paying program utility bills, paying part of program personnel payroll, etc.) or, in some cases, in the form of in-kind contributions, which are donations of non-monetary objects such as services, materials, property, etc ...
Treasury Secretary Janet Yellen highlighted in a speech on Wednesday cooling inflation and an economy continuing to defy recession predictions.