1 / 8

Grant Project Cost-Sharing

Grant Project Cost-Sharing. Definitions and Guidelines. What is Cost Sharing? (a.k.a. in-kind match or non-federal match). Contribution that AACPS makes to the grant project The amount of money or services that AACPS is spending on the project Cost share: Is included in the proposal budget

schuyler
Télécharger la présentation

Grant Project Cost-Sharing

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Grant Project Cost-Sharing Definitions and Guidelines AACPS Development Office, February 2005

  2. What is Cost Sharing?(a.k.a. in-kind match or non-federal match) • Contribution that AACPS makes to the grant project • The amount of money or services that AACPS is spending on the project • Cost share: • Is included in the proposal budget • Must be documented by the project manager at the amount that is given in the budget • Must be equal to or greater than the amount in the grant proposal

  3. What Costs Are Allowable? • Donated/volunteer services: valued at rates consistent with those ordinarily paid for similar work in the organization or the same labor marked • Services of employees from other organizations: donated at the regular rate of pay, IF the service is in their field of expertise.

  4. More Allowable Costs • Donated supplies and loaned equipment • Market value of supplies at time of donation • Fair rental rate for use of equipment or space

  5. Even More Allowable Costs • Third party contributions • Allowed if the costs are allowable under the terms of the grant • Indirect costs [a.k.a administrative cost], if the grantee or subgrantee has established a rate for allocating the costs to the project • Contributions, if they result in: • An increase in services or property • A cost savings to the grantee or subgrantee

  6. Exceptions and Qualifications • Must be allowable under OMB A-87. (Cost Principles for State, Local and Indian Tribal Governments) (http://www.whitehouse.gov/omb/circulars/) • May not use other federal grant money as a match • May not use the same funds in multiple grants • Program income must receive authorization to be used as a match • Must be incurred during the grant period

  7. Standards • Be verifiable from grantee/subgrantee records. • Include costs calculations, using costs that are normal within the organization • Be consistent in estimating, accumulating and reporting • Be documented

  8. Examples • Tutoring time • Teacher professional development time • Cost of room use • Donated supplies • Personnel time that is not paid by grant funds • Guest speakers

More Related