Liquid error: Value cannot be null. Parameter name: key Liquid error: Value cannot be null. Parameter name: key

Indirect Cost Rate Policy

Indirect Cost Rate Policy

The Foundation implemented a new indirect cost rate policy effective for grants with a start date on or after Jan. 1, 2022. The new policy introduces a tiered approach for assigning indirect cost rates to project grants, based on grantees’ budget size. This change is a result of a deep dive analysis of the Foundation’s grantee portfolio and moves toward a more equitable grantmaking approach. Read more details on the changes to the policy, including guidance on defining direct and indirect costs, as well as a list of frequently asked questions.

A video reviewing the indirect cost rate policy is now available. Join us for a walk through of the new policy, a brief overview of the process on the portal and answers to frequently asked questions.

Read more about the Foundation’s journey toward equitable grant making and establishing a new indirect cost rate on the Foundation’s blog.