Adopted February 26, 2015
Indirect Cost Policy for Project Grants and Contracts for Applicant Organizations The Podiatry Foundation defines indirect costs as:
- Overhead expenses or ongoing operational costs incurred by the applicant organization on behalf of the organization’s activities and projects, but that are not easily identified with any specific project.
- Administrative or other expenses which are not directly allocable to a particular activity or project.
- Expenses related to general operations of an organization that are shared among projects and/or functions.
Basic examples include executive oversight, existing facilities costs, accounting, grants management, legal expenses, utilities, other salaried employees, and technology support.