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This form is used by donors to report the in-kind contributions of goods, services, and travel provided to the GEAR UP program, including details about their contributions and corresponding estimates.
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How to fill out in-kind match - gearup
How to fill out in-kind match
01
Identify what resources, services, or materials will be contributed as an in-kind match.
02
Document the value of the in-kind contributions using fair market rates or invoices.
03
Ensure that all in-kind contributions align with the project goals and objectives.
04
Gather necessary supporting documentation for each in-kind contribution, such as letters of commitment or service agreements.
05
Complete any required forms or reports that ask for in-kind match details, accurately reflecting the contributions.
Who needs in-kind match?
01
Organizations applying for grants that require matching funds.
02
Nonprofits seeking funding to support their programs and projects.
03
Community organizations partnering with government or larger entities that offer grants.
04
Entities involved in collaborations where in-kind contributions enhance project support and sustainability.
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What is in-kind match?
In-kind match refers to non-cash contributions that are used to meet part of a funding requirement. This can include goods, services, or volunteer time that can be assigned a dollar value.
Who is required to file in-kind match?
Organizations that receive grants or funding that require matching contributions, particularly nonprofits and educational institutions, are typically required to file in-kind match documentation.
How to fill out in-kind match?
To fill out an in-kind match, organizations need to document the type of in-kind contributions, assign a monetary value to each contribution, and provide corresponding receipts or statements that validate the contributions.
What is the purpose of in-kind match?
The purpose of in-kind match is to demonstrate the commitment of an organization to a project by showing that it has invested additional resources, thereby enhancing the project's credibility and sustainability.
What information must be reported on in-kind match?
In-kind match reports must include details such as the description of the in-kind contributions, the valuation method used, the dates of the contributions, and the names of the providers of these contributions.
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