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Match & Leveraged Resources

Match & Leveraged Resources. Non-Federal Share . AKA Match. Matching Requirements. 29 CFR 97.24 State, local and Indian Tribal governments 29 CFR 95.23 Non-Profits, Hospitals, Institutions of Higher Education and Commercial Organizations. Match (Non-Federal Share).

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Match & Leveraged Resources

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  1. Match & Leveraged Resources

  2. Non-Federal Share AKA Match

  3. Matching Requirements • 29 CFR 97.24 • State, local and Indian Tribal governments • 29 CFR 95.23 • Non-Profits, Hospitals, Institutions of Higher Education and Commercial Organizations

  4. Match(Non-Federal Share) • 25% minimum required • All contributions must be: • Spent on allowable activities • In accordance with cost principles • Reported on the ETA-9130 • Can’t be BOTH match & grant cost • No administrative cost limitation

  5. Youthbuild Match? • Value of construction materials used • Architectural fees • Acquisition Costs • Pre-rehab value of buildings • Acquired or donated • Does not count as match • Land • Construction costs not related to participant training

  6. Cash Match • Additional funds provided for services paid for by the recipient or subrecipient • 3rd party cash contribution • To the grantee organization • For allowable services under the grant

  7. In-Kind Contributions • Not paid by grantee or subgrantee • Allowable costs & services • Requirements for determining value • 29 CFR 97.24(b)(7) • 29 CFR 95.23(c-h)

  8. In-Kind Contributions • Personal services • Volunteers or paid non-grantee staff • Services • Equipment & supplies • Space • Valuation requirements • Must be documented

  9. Match Exclusions • Costs • Paid from Federal funds • Used for other programs’ match • Construction/purchase of facilities • Charged to program income • Difference between earnings and costs

  10. Non - Match Non - Match Non- Reported on the Performance Report Reported on the Performance Report Match Examples: Examples: Other federal program costs Other federal program costs 30% Match above requirements Match above requirements Allowable Allowable Match Allowable Match Match Reported on the ETA 9130 Reported on the 70% Reported on the Performance Report as well Reported on the Performance Report as well Examples: Examples: Unclaimed Indirect Costs Unclaimed Indirect Costs Donated Space Costs Donated Space Costs - - Leveraged Resources

  11. Leveraged Resources • Reported on the ETA-9130 • Excess match • Federal Funds expended by recipient and subrecipient • Reported in the Performance Report • Federal funds expended by other sources • Allowable under cost principles but not under grant/program requirements.

  12. YouthBuild Leveraged Resources • Building rehabilitation and/or construction costs not allowable under the grant • Land value • Project support paid for with other Federal funds

  13. Budgets • Only required match is shown on the SF-424a • Do not include leveraged resources on the SF-424a • Amounts shown on SF-424a • Considered as match • If not met, may lead to disallowance or grant reduction

  14. Records • Source documentation • Books of account • Available for audit & review • Support for 3rd party contributions • Verifiable from subgrantee records or • Maintained by grantee • Methods used to value in-kind

  15. Questions

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