Wellesley College uses the fringe rate in effect at the time the salary
dollars are charged.
Catherine
---------------------------------------------------------
Catherine Senghas
Deputy Director for Finance & Administration
Wellesley Centers for Women
http://www.wcwonline.org
e-mail: xxxxxx@wellesley.edu
Phone: (781) 283-2517        Fax:  (781) 283-2504
Wellesley College, 106 Central Street, Wellesley, MA  02481-8203

xxxxxx@HRINET.ORG writes:
>Date:    Thu, 29 May 2003 15:32:43 -0400
>From:    "Farnsworth, Franci" <xxxxxx@MIDDLEBURY.EDU>
>Subject:
>
>Is there a "best practices" standard for charging fringe benefits to
>sponsored projects?    Our practice in the past has been to charge
>sponsors
>for fringe benefits using the rates that were in effect at the time the
>budget was developed, which results in a multitude of FB rates in use at
>any
>given time.  A much simpler practice would be to use the rates in effect
>at
>the time that the salary expense is incurred.      I'd be glad to post the
>results of this quick survey to the list -- what method does your
>institution use for charging fringe benefits to grants?
>
>
>
>Frances Vinal Farnsworth
>Coordinator of Sponsored Research
>Munford House
>Middlebury College
>Middlebury, VT 05753
>
>Tel:  802-443-5889
>Fax:  802-443-2081
>Email:  xxxxxx@middlebury.edu
>Web:  http://www.middlebury.edu/~grants/

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