Audit 30986

Title: Note A--Basis of Presentation Accounting Policies: Note B--Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in Uniform Guidance and/or OMBCircular A-122 Cost Principles for Non-profit Organizations, wherein certain types of expenditures are notallowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federalaward activity of the Foundation for a Healthy Kentucky, Inc. (the Foundation). The information in thisSchedule 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 forFederal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of theoperations of the Foundation, it is not intended to and does not present the financial position, changes innet assets, or cash flows of Foundation.We have audited the financial statements of the Foundation as of and for the year ended December 31,2022.