An equipment offered in lieu of cash is a valid example of In- Kind.
Answer(s): A
A donation refers to the transfer of equipment, money, goods, services, and/or property with or without specifications as to the exact preferred use (no specific intent). In-Kind refers to contributions or assistance in a format other than money. An example is the equipment offered in lieu of cash. Benefits refer to the payment made or an entitlement available in accordance with arrangements such as wage agreement, insurance policy, and/or public assistance program.
Which of the following refers to the payment made or an entitlement available in accordance with arrangements such as wage agreement?
Benefits may NOT refer to the payment made or an entitlement available in accordance with the arrangements of:
Answer(s): D
A Challenge Grant is a form of grant that provides monies in response to:
A Challenge Grant is a form of grant that provides monies in response to monies from other sources, usually basing on a specific formula. There is usually a fixed upper limit plus a challenge minimum below which no grant will be made. This form of grant is rather popular in the fields of arts and humanities. Note that a challenge grant is different from a matching grant in that the amount of money that the recipient organization realizes from a challenge grant can vary widely depending upon how successful that organization is in meeting the challenge.
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