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Lancy Foundation F & A Ginny L. Goodwin 10 Mar 1999 09:25 EST

Has anyone had proposals submitted to the Lancy Foundation
recently for the National Conferences for Undergraduate Research
Program recently?  If so, how was the F & A handled?

There budget instructions were worded as follows:  "In lieu of
indirect costs, proposers may request up to 15% of the total award
for administrative purposes.  Up to $5000 of these administrative
costs may be used for the Director's compensation.  No other
direct compensation is permitted. Cost sharing, in the form of
donated time of faculty and staff and of resources such as housing
and transportation, is encouraged and should be noted where
appropriate.  Justify all funds requested for administration."

Any input will be greatly appreciated!  Thanks! Ginny Goodwin

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