What is the allowable rate for indirect costs? What is covered under indirect costs?
The Foundation’s approved rate is 12 percent of all RWJF costs (personnel, other direct costs, and purchased services) associated with the project. Indirect costs are overhead expenses that the applicant organization incurs as a result of the project but that are not easily identifiable with a specific project. These are administrative expenses that are related to overall operations and are shared among projects and/or functions. Examples include executive oversight, accounting, grants management, legal expenses, utilities and facility maintenance.