Audit 358950

Title: 1. Basis of Presentation Accounting Policies: Expenditures reported on the SEFA 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. The Foundation has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The Foundation has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying consolidated schedule of expenditures of federal awards (SEFA) includes the federal award activity of The Health Foundation of Greater Indianapolis, Inc. (the Foundation) and its affiliates, Indiana AIDS Fund, Inc. and The Health Foundation, LLC, under federal programs for 2024. The information in the SEFA 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 (the Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the Foundation, it is not intended to and does not present the consolidated financial position, changes in net assets, or cash flows of the Foundation.