What is a funding instrument?
Funding Instrument means the trust and/or insurance contract entered into by the Employer to fund this Plan.
What is the difference between a grant and funding?
The main difference between grants and funding is that grants don’t need to be paid back. This results in stiff competition and an involved application process for grants. Funding, which can come from a traditional loan or an alternative method, is more accessible to some businesses.
What are funding mechanisms?
The type of award an agency makes to support a program and within which it incorporates the terms and conditions for expending the funds and performing the work. ( NCI Thesaurus)
What is pass-through funding?
Pass-through grants are those grants received by a recipient government to transfer to or spend on behalf of a secondary recipient. As a general rule, cash pass-through grants are recognized as revenue and expenditures or expenses in a governmental, proprietary or trust fund.
What are innovative financial instruments?
What are innovative financial instruments? Innovative financial instruments are a range of activities such as. participation in equity (risk capital) funds. guarantees to local banks lending to a large number of final beneficiaries, for instance small and medium-sized enterprises (SMEs)
What do you mean by healthcare financing?
• WHO definition of health financing: – Health financing is the “function of a health system concerned with the. mobilization, accumulation and allocation of money to cover the health needs of the people, individually and collectively, in the health system.”
Does Wellesley College receive federal funding?
Fifty-seven percent of current students receive financial aid. Twenty-four percent of Wellesley students receive federal Pell Grants. Wellesley awarded $67.9 million in financial aid in 2019–2020.
What are the different types of grants?
There are two main types of grants available through the federal government: 1) Categorical and 2) Block Grants, that also include Project, Formula and Matching Grants. Block grants provide funding for eligible activities identified in authorizing legislation.
Is a fund a financial instrument?
Non-complex financial instruments include shares or equity securities, as well as debt securities and certain types of investment funds. Equity securities refer to shares in companies, while debt securities include both government and corporate bonds. Investment funds include hedge funds and mutual funds.