Notes to SEFA
Title: Pass-Through Awards
Accounting Policies: PassThrough Awards and Subrecipients
De Minimis Rate Used: N
Rate Explanation: The foundation elected to not use the de minimis cost rate.
The Foundation received federal financial assistance from various Foundations which are pass-through awards from federal grantors. The amounts of direct awards and pass-through awards are included on the schedule of expenditures of federal awards
Title: Subrecipients
Accounting Policies: PassThrough Awards and Subrecipients
De Minimis Rate Used: N
Rate Explanation: The foundation elected to not use the de minimis cost rate.
Of the federal expenditures presented in the schedule, the Foundation provided federal awards to subrecipients as follows: CFDA No. Federal Program Amount Provided to Subrecipients
93.866 National Institute of Health $ 562,676 As a subrecipient, the Foundation has certain compliance responsibilities, such as monitoring its subrecipients to help assure they use these sub-awards as authorized by laws, regulations, and the provisions of contracts or grant agreements, and that subrecipients achieve the awards performance goals.