Title: NOTE1 BASIS OF PRESENTATION
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) has been prepared on the accrual basis of
Title: NOTE1 BASIS OF PRESENTATION
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
accounting, and the schedule includes the federal grant activity of Bay Area Tumor Institute under programs of the
Title: NOTE1 BASIS OF PRESENTATION
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
federal government for the year ended August 31, 2023. The information in this schedule is presented in accordance with
Title: NOTE1 BASIS OF PRESENTATION
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
the requirements of the Office of Management and Budget (OMB) Uniform Guidance. Because the Schedule presents only
Title: NOTE1 BASIS OF PRESENTATION
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
a selected portion of the operations of Bay Area Tumor Institute, it is not intended to and does not present the
Title: NOTE1 BASIS OF PRESENTATION
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
financial position, change in net assets or cash flows of Bay Area Tumor Institute.
Title: NOTE2SUMMARYOFSIGNIFICANTACCOUNTING POLICIES
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
Expenditures reported on the Schedule are recognized following the cost principles contained in 2 CFR Part 200, Cost Principles
Title: NOTE2SUMMARYOFSIGNIFICANTACCOUNTING POLICIES
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to
Title: NOTE2SUMMARYOFSIGNIFICANTACCOUNTING POLICIES
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
reimbursement.
Title: NOTE 3 SUBRECIPIENTS
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
Certain funds are passed through to a subrecipient organization, The regents of the University of California on behalf of UCSF
Title: NOTE 3 SUBRECIPIENTS
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
Benioff Children's Hospital Oakland, by the Institute. For the year ended August 31, 2023, expenditures incurred by the
Title: NOTE 3 SUBRECIPIENTS
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
subrecipient and reimbursed by the Institute are $208,935 which is included in the Schedule under the federal CFDA
Title: NOTE 3 SUBRECIPIENTS
Accounting Policies: 2 CFR Part 200, Cost Principles for Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate
number 93.399.