FUNDED Articles - cost-share

Building Leverage Through Matching Funds

devteam@grantsoffice.com (Grants Office, LLC) — Mon, 19 Mar 2012 05:00:00 GMT

Cost-sharing can be tricky waters for applicants to maneuver. Cost-share or match components vary greatly between different funding programs. While some grants require a certain percentage of the total project cost in the form of a local cash match, others may allow in-kind matching, and still others may not require a match at all. In these lean financial times, you may lurch at the idea of coming up with funds to match the grant; after all, you are seeking grant funding because you can't fund the project on your own, right? However, there are several important aspects to consider with regard to matching, and you might want to hold off on tossing that grant aside before fully considering these pointers.

Proposal Development Special Guide: Tips for the Budget

devteam@grantsoffice.com (Grants Office, LLC) — Fri, 16 Mar 2012 05:00:00 GMT

Show me the money! As far as a grant funder is considered, it is probably more appropriate to say “show me how you are going to spend the money”. For the applicant, it is the piece of the proposal that is likely to keep you up at night. After all, the reason you are seeking grant funding the first place is because you are most likely facing a funding deficit for an important project. It is only natural that you may be preoccupied with budgetary needs while you are still developing the project and the accompanying proposal narrative.

The Proof's in the "Putting": How Matching Requirements Play a Role in Grant Support

devteam@grantsoffice.com (Grants Office, LLC) — Sun, 15 Aug 2010 05:00:00 GMT

Anyone who has ever been involved in a fundraising effort will recognize the following scenario in terms of process. A specific need for the organization has been identified. The equipment and training associated with the project will inevitably save time, money, and provide a long lasting impact to the community. Fiscally responsible organizations often factor in some level of cost-benefit analysis in their prioritization of projects, and without a viable funding source, often the project finds itself on the back burner when other costs such as salaries and overhead are factored into this zero-sum game.

Finding the Perfect Match

devteam@grantsoffice.com (Grants Office, LLC) — Sun, 15 Aug 2010 05:00:00 GMT

In the grants world, "matching funds" means bringing two different funding sources together for one project. Match or cost-share requirements are minimum amounts of funding that must be derived from a source other grant funder. The purpose of match requirements is usually to promote collaborative efforts, as discussed in the July issue of GO Know, and/or demonstrate the ability of your organization to sustain a project beyond the life of a specific grant.