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. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented when available. The reimbursement of indirect costs reflected in the accompanying consolidated financial statements as federal awards revenue is subject to final approval by federal grantors and could be adjusted upon the results of these reviews. Management believes that the results of any such adjustment will not be material to WWFs financial position or change in net assets. Awarding agencies retain the right to disallow certain reimbursements and expenses claimed based on audit findings. In the event of final disallowance, the funds will be reimbursed to the awarding agency from WWFs net assets without donor restrictions.All of WWFs federal awards were in the form of cash assistance for the year ended June 30, 2022.WWF had no federally funded insurance programs or loan guarantees during the year ended June 30, 2022.
De Minimis Rate Used: N
Rate Explanation: WWF has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the schedule or the SEFA) presents expenditures of World Wildlife Fund, Inc. (WWF) charged to federal awards programs for the year ended June 30, 2022. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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 WWF, it is not intended to and does not present the financial position, changes in net assets or cash flows of WWF. Therefore, some amounts presented in the schedule may differ from amounts presented in the consolidated financial statements.WWF makes subawards to organizations to assist with project implementation in the country offices. The schedule for the year ended June 30, 2022, includes only reimbursable expenses reported by the subrecipients to WWF during the year ended June 30, 2022.
Title: SUBRECIPIENTS
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. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented when available. The reimbursement of indirect costs reflected in the accompanying consolidated financial statements as federal awards revenue is subject to final approval by federal grantors and could be adjusted upon the results of these reviews. Management believes that the results of any such adjustment will not be material to WWFs financial position or change in net assets. Awarding agencies retain the right to disallow certain reimbursements and expenses claimed based on audit findings. In the event of final disallowance, the funds will be reimbursed to the awarding agency from WWFs net assets without donor restrictions.All of WWFs federal awards were in the form of cash assistance for the year ended June 30, 2022.WWF had no federally funded insurance programs or loan guarantees during the year ended June 30, 2022.
De Minimis Rate Used: N
Rate Explanation: WWF has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Of the federal expenditures presented in the schedule, WWF provided federal awards to subrecipients during the year ended June 30, 2022, as follows.Assistance Listing NumberProgram NameAmount Provided to Subrecipients98.001Foreign Assistance for Programs Overseas$12,348,17498.011Global Development Alliance360,25119.017Environmental and Scientific Partnerships and Programs326,28919.705Trans-National Crime2,187,18615.645Marine Turtle Conservation Fund30,80715.621Asian Elephant Conservation Fund21,74115.619Rhinoceros and Tiger Conservation Fund55,45015.629Great Apes Conservation Fund15,43515.640Latin America and the Caribbean Regional48,14215.657Endangered Species Recovery Implementation41,79610.069Conservation Reserve Program11,94910.902Soil and Water Conservation78,95510.924Conservation Stewardship Program7,87410.931Agricultural Conservation Easement Program70,80811.454Unallied Management Projects120,81815.231Fish, Wildlife and Plant Conservation Resource Management8,929387.U01Protecting the Sentinels of the Peruvian Sea8Total$15,734,612
Title: RECONCILIATION OF SEFA
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. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented when available. The reimbursement of indirect costs reflected in the accompanying consolidated financial statements as federal awards revenue is subject to final approval by federal grantors and could be adjusted upon the results of these reviews. Management believes that the results of any such adjustment will not be material to WWFs financial position or change in net assets. Awarding agencies retain the right to disallow certain reimbursements and expenses claimed based on audit findings. In the event of final disallowance, the funds will be reimbursed to the awarding agency from WWFs net assets without donor restrictions.All of WWFs federal awards were in the form of cash assistance for the year ended June 30, 2022.WWF had no federally funded insurance programs or loan guarantees during the year ended June 30, 2022.
De Minimis Rate Used: N
Rate Explanation: WWF has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
WWF records revenue adjustments to conform to U.S. generally accepted accounting principles which are not required to be recorded within the schedule.Year ended June 30, 2022Total federal expenditures per the SEFA$25,492,724Add: revenue recognized for contracts excluded from SEFA66,088Total revenue from U.S. government sources per the consolidated statement of activities (refer to Footnote 2 to the consolidated financial statements)$25,558,812