For the initial $25,000, do you have to have those dollars in hand/committed, or a plan, signed by the ED and Board chair, to attain?
For the initial $25,000, do you have to have those dollars in hand/committed, or a plan, signed by the ED and Board chair, to attain?
To be clear, the match amount will be 25% of the awarded amount between $100,000 and $125,000. 25% of first year funds (new, unrestricted) must be on-hand at time of the award with a plan for meeting 100% of the first year cash match requirement by the third quarter. !00% of the cash match must be met by March 14, 2018. The support letter signed by the ED/CEO and Board Chair is to verify the above match on hand and outline the plan for meeting match requirements. (Reference RFA, p. 8, Section II, A. Funding Source and B. Award Term and Total Funds Available)
*the on-hand match requirement has been reduced to 10% for the rereleased RFA
