Application of F&A rate Amy Hibbard 18 Feb 2002 18:26 EST

Hello all-
Our DHHS F&A rate is currently calculated on the S&W base.  If my PI is
applying to a private foundation that allows an F&A rate of 15% MTDC, do I
need to apply the 15% cap to our federally approved S&W base? OR do I need
to apply the 15% MTDC only if it's less than our federal S&W rate would have
been?  OR do I just apply the 15% rate according to the foundation's
requirements, without regard for the federal rate and/or base?
Thanks,
-Amy

"The man who doesn't read good books has no advantage over the man who can't
read them."
 -Mark Twain

Amy Hibbard
Grants Administrator
Keck Graduate Institute of Applied Life Sciences
535 Watson Drive, Claremont, CA 91711
T: (909) 607-9313 / 607-7855
F: (909) 607-8086
xxxxxx@kgi.edu
www.kgi.edu

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