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Does the 12% indirect funds count towards the overall requested budget amount, or is that in addition to the overall requested amount?

April 26, 2017addition budget funds indirect overall requested

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Does the 12% indirect funds count towards the overall requested budget amount, or is that in addition to the overall requested amount?

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The 12% indirect funds should be counted toward the overall requested amount. You should develop your requested budget, then calculate the indirect cost as 12% of your budget. Your original budget, added with the 12% indirect cost, will be your overall budget request, and should not exceed $400,000. Please note if the Purchased Services category (subcontracts and consultant fees/agreements) represents more than 33% of the RWJF portion of the applicant institution’s budget, the indirect percentage rate allowed on this category is 4%, not 12%. Finally, RWJF does not prescribe an allowable indirect cost rate for organizations that will be subcontracting with a grantee. RWJF only requests that the grantee negotiate the best possible terms from the subcontract organization for the work to be accomplished.