Title: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards of U.S. Civilian Research and Development Foundation 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: U.S. Civilian Research and Development Foundation elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards of U.S. Civilian Research and Development Foundation 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Title: Summary of Significant Accounting Policies
Accounting Policies: The accompanying schedule of expenditures of federal awards of U.S. Civilian Research and Development Foundation 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: U.S. Civilian Research and Development Foundation elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
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.
Title: Indirect Cost Rate
Accounting Policies: The accompanying schedule of expenditures of federal awards of U.S. Civilian Research and Development Foundation 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: U.S. Civilian Research and Development Foundation elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
U.S. Civilian Research and Development Foundation elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Agency Transactions
Accounting Policies: The accompanying schedule of expenditures of federal awards of U.S. Civilian Research and Development Foundation 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: U.S. Civilian Research and Development Foundation elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The amounts disbursed through CRDF Global’s Solutions Services, which include federal funds, are reported as agency transactions in CRDF Global’s financial statements and accordingly are not recorded in the Schedule. Solutions Services provides administrative and financial infrastructure to organizations that administer funds and materials safely flexibly and accountably in support of qualifying projects. Through Solutions Services, organizations have access to CRDF Global’s substantial administrative infrastructure. The funds are held by the Foundation, and the organizations direct where the funds will be spent.