Grants

The specific items that can be charged to, and therefore reimbursed from, any grant are based on the specifics of each grant agreement.

Factors that may indicate an exchange transaction:

Often it is difficult to distinguish between a contribution and an exchange transaction, the following factors are indicative of an exchan

Government grants are a common method for non-for-profit (NFP) organizations to obtain funding.

Those of us who develop indirect rates wonder if there is an ideal percentage amount. It is akin to asking “what is the meaning of life”. I’ll attempt to answer the former question.

The following are the entries necessary for cost-reimbursable government grant (assuming the grant is determined to be an exchange transaction):