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The Office of Refugee Resettlement's (ORR) Individual Development Account (IDA) program is designed to assist refugees in purchasing assets as a means of increasing their financial independence, encouraging integration into the American financial system and increasing refugee knowledge of financial and monetary topics.
[8] The ORR uses a matching grant program to provide funding for its affiliate voluntary agencies. These voluntary agencies are then expected to operate the program through their national networks. The ORR “awards $2 for every $1 raised by the agency up to a maximum of $2,500 in Federal funds per enrollee.
As of 2013, the most common matching program increased to 100% of the first 6%. [3] [4] The idea is that once the employee contributes 6% of their gross pay, [5] the employer's contributions cease until the following year. If the employee contributes less than 6% of their gross income, the employee foregoes additional compensation from the ...
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).
The URM program is administered at the state level with federal funding. The state refugee coordinator provides financial and programmatic oversight to the URM programs in their state, ensures that unaccompanied minors in URM programs receive the same benefits and services as other children in out-of-home care in the state, and oversees the needs of unaccompanied minors with many other ...
A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are federal assistance to individuals, benefits or entitlements. A grant is not used to acquire property or services for the federal government's direct ...
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An example of a payslip from the John Lewis Partnership, showing gross salary, tax and National Insurance paid and yearly bonus entitlement, among other things. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered.