Notes to SEFA
Title: Note 1. Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: 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. The Institute
has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance, however, JGI-Tanzania has elected to use the
10-percent de minimis indirect cost rate to charge indirect costs to the Tumaini Kupita Vitendo (Hope through Action) award.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the Federal award activity of the Institute and JGI-Tanzania
under programs of the Federal Government for the year ended December 31, 2024. Information in the 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). The Schedule presents only a selected portion of the operations of the Institute and JGI-Tanzania; accordingly, it is
not intended to and does not present the financial position, changes in net assets or cash flows of the Institute or JGI-Tanzania.
Title: Note 2. Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: 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. The Institute
has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance, however, JGI-Tanzania has elected to use the
10-percent de minimis indirect cost rate to charge indirect costs to the Tumaini Kupita Vitendo (Hope through Action) award.
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. The Institute
has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance, however, JGI-Tanzania has elected to use the
10-percent de minimis indirect cost rate to charge indirect costs to the Tumaini Kupita Vitendo (Hope through Action) award.