Matching Grant
/ˈmætʃɪŋ ɡrænt/
Definitions
- (n.) A grant of funds given on the condition that an equal or proportional amount is raised from other sources.
The nonprofit received a matching grant that doubled the donations from individual contributors.
Forms
- matching grant
- matching grants
Related terms
See also
Commentary
Matching grants are commonly used to incentivize fundraising efforts by requiring beneficiary organizations to raise a specified amount to receive the grant.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.