Notes to SEFA
Title: Note 2. Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Catholic Charities, Diocese of Fort Worth, Inc. (Catholic Charities) and is presented on the accrual basis of accounting. 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). 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: Uniform Guidance allows non-federal entities, such as Catholic Charities, to elect to charge a de minimis rate of ten percent of modified direct costs as its indirect cot rate that may be used indefinitely. Catholic Charities chose not to utilize the de minimis rate in the current year.
Of the federal expenditures presented in the schedule, Catholic Charities provided $194,931,637 in federal awards to subrecipients as part of the Refugee and Entrant Assistance program, Assistance Listing Number 93.566.