Example of Matching Funds/Cost Sharing Category Matching/Cost Sharing Year 1 Year 2 Year 3 Total a. In-kind Dr. Jane Smith 27980 27980 27980 83940 b. Matching Funds - Cash WSSU 10000 10000 10000 30000 c. Department of AAA - Brochure Total 500 50 500 1050 38480 38030 38480 114990 a. The University will contribute 10% effort by Dr. Jane Smith as in-kind cost-sharing for this project, which represents $27,980 in salary, fringe benefits costs. b. Winston Salem State University will provide $50,000 matching funds for the purchase of the XYZ equipment. c. The Department of AAA will provide 500 brochures concerning the health risks of smoking for the symposium, at no cost to the agency. Cost to print and distributed brochures equal $500 per year.