Indirect Costs 3
Indirect Costs 3 : Costs that have been incurred for common or joint objectives not readily identified with a particular cost objective. A cost may not be allocated to an award as an indirect cost if any other cost incurred for the same purpose, in like circumstances, has been assigned to an award as a direct cost. Typical examples of indirect costs for many nonprofit organizations includes depreciation or use allowances on buildings and equipment, costs of operating and maintaining facilities, general administration and other general expenses such as the salaries and expenses of executive officers, personnel administration and accounting. Indirect costs are classified within two broad categories: "Facilities" and "Administration". "Facilities" is defined as depreciation and use allowances on buildings, equipment and capital improvement, interest on debt associated with certain buildings, equipment and capital improvements and operations and maintenance expenses. "Administration" is defined as general administration and general expenses such as the director's office, accounting, personnel, library expenses and all other types of expenditures not specifically chargeable to the grant
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