YouthBuild Learning Exchange January 13-15, 2009 Leveraged Resources and Match

Types of Leveraged Resources Allowable match Non-Federal funds used for grant purposes Reported on the ETA 9130 Non-match Funds available for the project that don’t meet criteria for allowable match Reported on the performance report Portion reported on the ETA 9130

AKA Match Non-Federal Share

Budgets Only required match is shown on the SF-424a Do not include leveraged resources on the SF-424a Amounts shown on SF-424 Considered as match If not met, may lead to disallowance or grant reduction

How do you Value Leveraged Resources?

Matching Requirements 29 CFR State, local and Indian Tribal governments 29 CFR Non-Profits, Hospitals, Institutions of Higher Education and Commercial Organizations

Allowable / Unallowable Match Construction Materials Purchased with non-federal funds/ allowable as match Land acquired for YouthBuild program unallowable match Purchase cost of buildings used solely for training Allowable with conditions Prior approval Proportionate share related to direct training Grantees Follow Requirements: 29 CFR CFR 97.24

Match (Non-Federal Share) All contributions must be: Spent on allowable activities In accordance with cost principles Can’t be BOTH match & allowable cost

Cash Contributions Additional funds or services provided & paid for by the grantee 3rd party cash contribution To the grantee organization Allowable services under the grant

In-Kind Contributions Not paid by grantee or subgrantee Allowable costs & services Requirements for determining value 29 CFR 97.24(b)(7) 29 CFR 95.23(c-h)

In-Kind Contributions Personnel services Employer share of wages Volunteers or paid non-grantee staff Services Equipment & supplies Space

Value of Contributions Time Volunteers 3rd Party paid staff Supplies & Equipment Fair market value Space Rental rates Use allowances Depreciation

Records Source documentation Books of account Available for audit & review Support for 3rd party contributions Verifiable from subgrantee records or Maintained by grantee Methods used to value in-kind

How do you Report Leveraged Resources? Non Federal Share (allowable match) All expenditures reported on the ETA 9130 Reported on the quarterly progress report Does not qualify as match Federal funds expended reported on the ETA 9130 (line 11.a) All other leveraged resources reported only on the quarterly progress report

Questions??