TOPIC: "Strategies for Increasing Indirect Cost Recovery with Non-Federal Sponsors"
Increasingly,
non-federal sponsors are limiting indirect cost rates and prescribing which
types of "typically considered indirect costs" can be included as
direct costs in proposal budgets. Falling behind in funding indirect costs will
impede an
institution's ability to adequately invest in, or sustain, a viable
research environment, and will end up negatively impacting faculty/researcher
productivity. Indirect costs are not profit; instead they are part of the real
costs of conducting the outside funded sponsored activity. This session will
discuss current constraints and explore creative ways to recover indirect costs
by direct charging ancillary costs.
Learning
Objectives:
Participants
will:
-
Learn major non-federal sponsors that limit indirect cost rates.
-
See specific examples of ancillary costs that can be allocated to non-federal
project budgets.
-
Review example ancillary costs policy and allocation methodology for ancillary
costs.
-
Learn about managing these costs post-award.
Panel Discussion:
Jessica Regan, Team
Lead, Office for Sponsored Research, Broad Institute of MIT and Harvard
Courtney King,
Director, Finance & Administration, Friedman School of Nutrition Science
and Policy, Tufts University
Brandi
Negron, Sr Research Administrator, Office for Sponsored Research, Broad
Institute of MIT and Harvard