How do I calculate the indirect rate if purchased services exceed 33% of the RWJF portion of the budget?
The Foundation’s approved indirect rate is 12 percent of all RWJF costs (Personnel, Other Direct Costs, and Purchased Services) associated with the project. However, if the Purchased Services category represents more than 33 percent of the RWJF portion of the budget, the indirect rate allowed in this category is 4 percent. In other words, the indirect rate for the entire Purchased Services category is 4 percent when this category exceeds 33 percent, but the indirect rate for the remaining expenses is 12 percent. Can a grantee team purchase devices for use by participants in their project? Is this a legitimate expense? Yes, the RWJF allows the purchase of devices by grantee organizations if they are pertinent to the project. If the devices were not included in the original budget, these purchases must be reviewed by the NPO and the RWJF Financial Officer and will be determined on a case-by-case basis.
Related Questions
- If an organization does not have a federally approved indirect cost rate; can the organization request indirect costs in the budget submission? If so, what is the limit?
- How do I know what indirect cost rate (also known as the Facilities and Administrative [ FandA ] rate) to use to calculate for the cost shared budget?
- How do I calculate the indirect rate if purchased services exceed 33% of the RWJF portion of the budget?
