In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...

The National Institutes of Health (NIH) has issued a grants policy statement regarding a change in indirect cost rates due to a recent executive order. The NIH is implementing a standardized 15% ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

F&A [Facilities & Administrative] costs, also known as IER [Indirect Expense Recovery] or Indirect Costs, are real costs that are necessary to cover expenses which cannot be charged directly to a ...

If you work at a research institution receiving federal funding and are in possession of an internet connection, chances are you’ve been nervously following the legal and political battle over recent, ...

Activities funded by external sponsors or separately budgeted internal programs that are formally organized to produce research outcomes. These are clearly structured and often require detailed budget ...

The Ford Foundation works with thousands of nonprofits, each with different needs and structures. Yet its program grants pay for related indirect costs at a single rate — 20 percent of the grant. Such ...

The National Institutes of Health announced Friday that the agency is making cuts to grants that support research institutions by limiting the amount of indirect funding for research projects to just ...