Capital Match Program Features Cash only qualifies for match. Funds must be from external sources, federal or state grants, or other non-state General funds. No more than 50% of a project's cost will be paid with matching. Contributions are matched dollar-for-dollar. Capital projects must be complete projects as defined by KRS Chapter 45: Complete projects are defined as one of the following: Any capital construction or item, or any combination of capital construction or item necessary to make a building or utility installation complete, estimated to cost $600,000 or more in cash or consideration. Any lease of real property space with an annual rental cost of $200,000 or more. Any item of equipment estimated to cost $200,000 or more. Any lease of an item of movable equipment if the annual cost of the lease-purchase or lease with an option to purchase is $200,000 or more. Any new acquisition, upgrade or replacement of the Information Technology system estimated to cost $600,000 or more.
Match Program Option Matching Stipulations Endowment Stipulations