S.C. Code Regs. § § 62-840

Current through Register Vol. 48, No. 11, November 22, 2024

Section 62-840 - Incentives for Donors

Institutions will apprise all new or potential new donors of the opportunity for state matching funds related to earnings from eligible endowments, as defined above, and will make information on the South Carolina Education Matching Gift Fund available to such donors or potential donors. Qualifying earnings from eligible institutional endowments will be matched on a 1:1 basis; thus, each dollar in qualifying earnings will be matched by one dollar from the Matching Gift Fund, not to exceed the available funds in the Matching Gift Fund.

S.C. Code Regs. § 62-840

Added by State Register Volume 22, Issue No. 6, Part 3, eff June 26, 1998; Amended by State Register Volume 23, Issue No. 5, eff May 28, 1999.