24:50:01:09Sources of matching funds.

The sources of matching funds may be one or more of the following: (1) Income - admission revenue derived from sale of admissions, tickets, subscriptions, and memberships for events of the project; contractual services revenue derived from fees earned through sale of services; and other revenue including advertising space in programs, catalog sales, gift shop income, concessions, parking, and similar sources; (2) Cash support - contributions from businesses, corporations, foundations, individuals, fund-raisers, and similar sources including the sponsoring organization; (3) Government support - revenue derived from nonfederal government grants or appropriations given for the project; (4) In-kind contributions - fair market value of noncash contributions to the project which re provided to the applicant by volunteers or outside parties at no cash cost to the applicant; and (5) Other grants - grants received from other nonfederal grant-making agencies, public or private.

Source: 12 SDR 56, effective October 8, 1985.