Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the Federal award activity of the Institute and JGI-Tanzania under programs of the Federal government for the year ended December 31, 2025. Information in the 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). The Schedule presents only a selected portion of the operations of the Institute and JGI-Tanzania; accordingly, it is not intended to and does not present the financial position, change in net assets or cash flows of the Institute or JGI-Tanzania.
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. The Institute has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance, however, JGI-Tanzania has elected to use the 10-percent de minimis indirect cost rate to charge indirect costs to the Tumaini Kupita Vitendo (Hope through Action) award.