Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards presents the federal grant expenditures of Rockefeller Philanthropy Advisors, Inc. ("RPA") for the year ended December 31, 2022. The schedule was prepared using the accrual basis of accounting and is in accordance with the provisions of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: RPA has elected to not use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance.