Overhead

OMB increases indirect cost reimbursements for nonprofits

It’s also hoped the acknowledgment by OMB will get the attention of corporations and foundations whose grants funding still operates under the 7-10 percent indirect costs principle.

Tags: OMB Uniform Guidance, Indirect Costs, Overhead

Federal Grantees to Get Help With Overhead Costs

The Office of Management and Budget said it considered higher rates, but that it picked a “conservative” amount “to protect the federal government from excessive over reimbursement.”

Tags: OMB Uniform Guidance, Overhead, Indirect Costs

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