Indirect Cost Rates: What are they and why you might want one? (February 2015)
- Administrative staff: the Executive Director, Finance Director, Human Resources, the receptionist;
- Office space used by those staff, including costs of rent and utilities;
- Equipment and services used by everyone: copiers, phone systems, janitorial service, IT support; and
- Board expenses.
Therefore, the federal government has a standardized, and fairly complex, method of determining your indirect costs, which results in a negotiated Indirect Cost Rate. This webinar will address why an indirect cost rate is important, how it is calculated, and what can be included in an organization's indirect cost rate.
Edward T. Waters
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