The Essentials About Indirect Cost Rate

In the nonprofit world, you want as much of your money as possible to go toward your mission-specific activities. But you still have indirect costs—from salaries and rent to office supplies and insurance—that keep your organization going. So how do you distribute those costs fairly? In this webinar, JMCo managers, Katherine Munday and Dakota Spencer, will teach you about what an indirect cost rate is and the process of calculating and negotiating that rate. We’ll also go over new guidance related to the de minimis indirect cost rate and discuss best practices in the cost allocation process.