Notes to SEFA
This schedule of expenditures of federal awards 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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic financial statements.
Of the federal expenditures presented above, the Foundation provided federal awards to subrecipients as follows:
The Foundation has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.