(1) The maximum award for any project funded by the Curtis H. Sykes Memorial Grant Program in a single year is three thousand five hundred dollars ($3,500).
(2) While this grant program does not require either a cash or an in-kind match from the applicant, applicants are encouraged to show additional sources of fiscal support for the project on the Budget Summary Form, which must be submitted with the application.
(b)
(1) In-kind matches may be estimated as the dollar value of services, goods, or space contributed by the applicant or a third party.
(2) Cash matches may be from:
(A) The applicant’s own funds; or
(B) A third party.
(c) The program will commit to no more than one (1) year of funding for any given project at a time, and grant recipients are expected to complete projects within one (1) year of the date of the award.
(d)
(1) Subsequent applications for funding will be considered by the Black History Commission of Arkansas in competition with other applications received during the same application cycle.
(2) Proposals for funding in succeeding years should describe the applicant’s progress in meeting the program goals.