Grant. An award of financial assistance, including cooperative agreements, in
the form of money, or property in lieu of money, by the Federal Government to an
eligible grantee.
New: For consistency with our other rules.
Grant means an award of money, the principal purpose of which is to transfer funds from a Federal agency to a grantee to support or stimulate an authorized public purpose and includes the matching cash and any matching in-kind contributions.
2 Comments
Anonymous
Mar 31, 2014I like the new definition.
Anonymous
Apr 17, 2014Janine - will the proposed definition include pre-agreement expenses as part of the cash or in-kind?