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  • Gates Foundation Indirect Costs Form 2015

Get Gates Foundation Indirect Costs Form 2015-2025

Indirect Cost Policy for Project Grants and Contracts for Applicant Organizations Definition The Bill Melinda Gates Foundation defines indirect costs as Overhead expenses or ongoing operational costs incurred by the applicant organization on behalf of the organization s activities and projects but that are not easily identified with any specific project. However organizations that receive multiple grants or contracts with a full NICRA rate wil.

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Ten percent of the total cost may be used for indirect cost recovery.

What is an indirect cost rate? In general terms, an indirect cost rate is the percentage of an organization's indirect costs to its direct costs and is a standardized method of charging individual programs for their share of indirect costs.

Examples of costs usually treated as indirect include those incurred for facility operation and maintenance, depreciation, and administrative salaries. By contrast, direct costs can be attributed directly to a specific cost objective and tracked in discrete categories such as personnel, travel, supplies, etc.

from the indirect cost calculation. maximum rate of 15% in the grant proposal, 8% should be proposed in the grant budget. Maximum Indirect Cost Rates and limitations apply to both the primary applicant organization and any sub‐grantees.

Subtract direct costs from the modified total costs amount. The result is the dollar amount of indirect costs. In this example, $80,000 minus $69,565 equals $10,435 in indirect costs.

Examples of indirect costs are accounting and legal expenses, administrative salaries, office expenses, rent, security expenses, telephone expenses, and utilities.

The overhead rate is the total of indirect costs (known as overhead) for a specific reporting period, divided by an allocation measure. The cost of overhead can be comprised of either actual costs or budgeted costs.

Calculating indirect costs In the budget, indirect costs are calculated by multiplying the sponsor's overhead rate by the direct cost base.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232