Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Foundation has not elected to use the 10% de minimis indirect cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Hazelden Betty Ford Foundation and Subsidiaries (the Foundation) under programs of the federal government for the year ended December 31, 2022. The information in this 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). Because the Schedule presents only a selected portion of the Foundation, it is not intended to and does not present the financial position, changes in net position or cash flows of the Foundation.
Title: Provider Relief Funds
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Foundation has not elected to use the 10% de minimis indirect cost rate.
Due to reporting guidance from the U.S. Department of Health and Human Services (HHS), amounts related to the Provider Relief Fund (PRF), Assistance Listing Number 93.498, that are reported on the Schedule include expenditures totaling $5,374,116, all of which relates to the year ending December 31, 2021. Over the course of 2021 and 2022, HHS identified funding periods and directed auditees to report PRF expenditures for Periods 3 and 4 on the Schedule for the year ended December 31, 2022 that correlate with the amounts reported in the HHS PRF Reporting Portal.