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What is the indirect rate?

indirect rate
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What is the indirect rate?

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The Foundation’s indirect cost rate is 12 percent of direct costs. However, when the Purchased Services budget category totals more than 33 percent of the RWJF portion of a budget, the Foundation limits indirect costs on the Purchased Services category to 4 percent. The RWJF Grantmaking Online site contains RWJF Budget Preparation Guidelines and a complete explanation of indirect costs.

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