What is Administrative overhead also known as Indirect cost
How do I pay for my non- program expenses; The CEO, My administration team and General expenses for administering program services– Like; business permits, consultants, utilities and accounting All of these costs can be included in your Program Grant applications as Administrative overhead or Indirect cost
Most federal grants will require that you use a federal indirect cost rate which is annually adjusted, reviewed and approved by the federal government
Non-federal grants accept a less complex formula as long as the formula is applied consistently for all funding sources.
Federal Guide for indirect cost rates:
Non-federal grant formulas
Are less complex and are usually based on a calculation of 15% or less of every revenue source within the agency composite budget - That 15% or less is equal to and based on your defined administrative expenses.