Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Brooke Grove Foundation, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Brooke Grove Foundation, Inc. under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Brooke Grove Foundation, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Brooke Grove Foundation, Inc.
Title: Provider Relief Fund (PRF) and American Rescue Plan (ARP) Rural Distribution (Assistance Listing #93.498)
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Brooke Grove Foundation, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The amount of the total federal expenditures reported on the Schedule for Assistance Listing #93.498 represent allowable expenditures and/or lost revenue, as defined under this grant program, that were incurred during the period January 1, 2020 through June 30, 2023 for grant awards received during the periods of July 1, 2021 to December 31, 2021 and January 1, 2022 to June 30, 2022. These expenditures were reported on the provider relief fund reports for the periods ended December 31, 2022 and June 30, 2023, respectively.