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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.
The federal government will match up to $250 of an individual's total contributions to an eligible candidate. Only candidates seeking nomination by a political party to the office of president are eligible to receive primary matching funds. In addition, a candidate must establish eligibility by submitting to the
However, candidates who decline matching funds are free to spend as much money as they can raise privately. From the inception of this program in 1976 through 1992, almost all candidates who could qualify accepted matching funds in the primary. In 1996 Republican Steve Forbes opted out of the program. In 2000, Forbes and George W. Bush opted out.
Another example is federal transportation grants, which prompt states to build mass transit systems to get federal matching funds when roads might better serve their communities. There are plenty ...
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.
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.
Supporters claim that Clean Elections matching funds are so effective at leveling the playing field in Arizona that during the first full year of its implementation, disproportionate funding between candidates was a factor in only 2% of the races. [23] The U.S. Supreme Court's decision in Davis v.
Title III provides equipment, materials and state matching funds to develop mathematics, science, and foreign language instruction and professional development. [12] Title III also encouraged cooperation between teachers and researchers. [12] During Title III, research shifted the homogenous definition of intelligence associated with gifted ...