Definitions for "In-Kind Contribution"
A contribution of equipment, supplies, spare services, or staff time as distinguished from a monetary grant or contribution.
All non-cash contributions provided for a project, e.g. to a Grantee. These contributions may be in the form of charges for real property and non-expendable personal property and the value of goods and services directly benefiting and specifically identifiable with the project or program.
A service or item donated in lieu of dollars to the operation of a funded project; usually given by the grantee or a third party; (e.g., donated equipment or guest speaker's time); should be referenced in budget as a real direct project cost but designated as in-kind; must be auditable with letter of agreement as a minimum paper trail.