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District of Columbia Code Division VI. Education, Libraries, and Cultural Institutions. § 38-1806.05. Matching funds.

Current as of January 01, 2024 | Updated by Findlaw Staff

The private, nonprofit corporation, to the extent practicable, shall provide matching funds, or in-kind contributions, or a combination thereof, for the purpose of carrying out the duties of the corporation under § 38-1806.04, as follows:

(1) For fiscal year 1997, the nonprofit corporation shall provide matching funds or in-kind contributions of $1 for every $1 of federal funds provided under this subchapter for such year for activities under § 38-1806.04.

(2) For fiscal year 1998, the nonprofit corporation shall provide matching funds or in-kind contributions of $3 for every $1 of federal funds provided under this subchapter for such year for activities under § 38-1806.04.

(3) For fiscal year 1999, the nonprofit corporation shall provide matching funds or in-kind contributions of $5 for every $1 of federal funds provided under this subchapter for such year for activities under § 38-1806.04.

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Cite this article: FindLaw.com - District of Columbia Code Division VI. Education, Libraries, and Cultural Institutions. § 38-1806.05. Matching funds. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-vi-education-libraries-and-cultural-institutions/dc-code-sect-38-1806-05/

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