Search results
Results from the WOW.Com Content Network
In philanthropic giving, foundations and corporations often give money to non-profit entities in the form of a matching gift. [2] Corporate matches often take the form of employee matching gifts, which means that if an employee donates to a nonprofit, the employee's corporation will donate money to the same nonprofit according to a predetermined match ratio (usually 1:1).
“Match on Main” grants promote retail business growth downtown with technology and other assistance or for facade renovations. ... The Michigan Economic Development Corporation will provide ...
A typical requirement is similar to matching funds where funds must be raised or acquired from other sources following a stated matching factor, often 2:1, 3:1 or 4:1. For example, a $1,000 challenge grant with a 3:1 match would require the recipient to raise $3,000 before they would receive the $1,000 grant.
Pass-Through Grants - Pass-through grants are funds provided by the federal government to a primary recipient, such as a state government, which then distributes the funds to sub-recipients, such as local governments or nonprofit organizations. This type of grant allows for the decentralization of fund distribution and administration.
The SBA launched the $28.6-billion Restaurant Revitalization Fund to help the nation’s second-largest private employer during the COVID-19 pandemic.
The steps required to become a nonprofit include applying for tax-exempt status. If States do not require the "determination letter" from the IRS to grant non-profit tax exemption to organizations, on a State level, claiming non-profit status without that Federal approval, then they have actually violated Federal United States Nonprofit Laws.
In 2006, it offered a request for proposals for $20,000 matching grants toward the establishment of state animal response teams in the U.S. The SART model is a public-private partnership for preparation and response to animal emergencies. [18]
Flat Rock, one of several Michigan communities, to receive historic preservation grant.