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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.
£8.5 million raised, beating a target of £6 million and benefiting 174 charities. Fundraising from the challenge period was doubled by a fund of £1.5 million from the Reed Foundation and additional funds from trustees and major donors. [14] 2010: The Big Give hosted its launch party for the Christmas Challenge at Fortnum & Mason's London ...
The Rosenwald Fund was based on a system of matching grants, requiring white school boards to commit to maintenance and black communities to aid in construction. Fulfilling the goals of the match grant program, African American communities contributed $4.8 million to the building of 5,338 schools throughout the South. [7]
A Scholarship Fund, which provides an annual scholarship award to students in pursuit of higher education/training, and has a $15,000 minimum threshold, now only requiring $10,000 to get the match ...
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The company will match up to $50,000 as donations roll in for this 29th year of the Empty Stocking Fund. The fundraising will end on Dec. 18. Currently the fund has $1,465 in donations.
In July 2017, Kiva launched a World Refugee Fund, a $250,000 matching fund to provide support to refugees and host communities in countries including Lebanon, Jordan, and Turkey. As refugees repay the loans, they build a track record in their new locations. The fund is to be followed by a rotating fund of up to $9M in loan capital. [31]
The guidelines for calculating the FMAP are outlined in the Social Security Act and they exclusively determine the ratio of matching funds for each state's Medicaid program. Section 2105(b)of the Act stipulate that "Enhanced Federal Medical Assistance Percentages," or Enhanced FMAPs, will be calculated at the same time as the FMAPs.