We will go through the various steps to build an indirect cost rates for nonprofits with Federal grants. We will help you with the necessary considerations and components with developing an indirect rate. This course will answer the most important question, “where do I start?” and cover the practical “how-to”:
– Develop an indirect cost rate for nonprofits following the rules from Appendix IV, Subpart E
– Utilize the most widely accepted agency template for HHS to prepare an indirect rate proposal
– Address a less known method for allocating indirect cost through the use of a special rate allocation via a “bifurcated” indirect rate to deal with different levels of facility cost in more than one locations to avoid double charging.
Please note that pass-through entities such as large nonprofits, hospitals, institutes of higher education and local governmental units must understand nonprofit indirect rates as they have to manage the indirect rates that are negotiated in their sub-awards.