Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Southern Illinois Healthcare Foundation Inc.’s (the Organization) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the applicable 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 of expenditures of federal awards presents only a selected portion of the operations of the Organization, it is not intended to and does not present the consolidated statements of financial position, activities and changes in net assets, or cash flows of the Organization.
There were no federal awards expended for noncash assistance or insurance. The Organization has not elected to use the 10% de minimis indirect cost rate allowable under the Uniform Guidance.