Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards is a summary of the activity of the Group's federal award programs 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 the basic financial statements, which are presented in conformity with accounting principles generally accepted in the United States of America.
The Group did not use the 10 or 15 percent de minimis indirect cost rates for the year ended December 31, 2025.
There were no sub-recipients for the year ended December 31, 2025.