Notes to SEFA
The accompanying schedule of federal awards includes federal grant activity of Nebraska Children and Families Foundation and is presented on the accrual basis of accounting. Grant awards are considered expended when the expense transactions associated with the grant occur. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
The Foundation provided federal awards to subrecipients as detailed above.
The Foundation elected to use the ten percent de minimis indirect cost rate for the period from January 1, 2025, through September 30, 2025 and the fifteen percent de minimis cost rate for the period from October 1, 2025 through December 31, 2025, as allowed in the Uniform Guidance, 2 CFR 200.414.