Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) presents the activity of federal financial assistance programs administered by American Jewish World Services, Inc. (“AJWS”) on an accrual basis of accounting and is 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. Accordingly, some amounts presented in the accompanying Schedule may differ from amounts presented in, or used in, the preparation of AJWS's 2025 financial statements. The purpose of the Schedule of Expenditures of Federal Awards is to present a summary of those expenditures of AJWS for the year ended April 30, 2025, which have been supported by the federal government. For purposes of this Schedule federal awards include any assistance provided by a federal agency, directly or indirectly in the form of grants, contracts, cooperative subsidies, loans, loan guarantees, property, interest subsidies, insurance, direct appropriations, and other noncash assistance.
AJWS has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.