Renaissance Philanthropy Fund uses the following policy for any contribution it recommends from any source:

We require all grantees, unless otherwise agreed to in the terms of the grant agreement, to refrain from using grant funds to pay for any indirect costs, and there shall be no allocation of indirect costs to a grant, in each case, unless expressly agreed in writing in the grant agreement to permit the grant to be spent on indirect costs. In other words, the grantee should not include any indirect costs in a grant’s budget unless expressly agreed.

In cases where an indirect-cost allocation is allowed per the terms of the grant agreement, then the following rules shall apply except as otherwise expressly set forth in the applicable grant agreement:

• indirect costs may not exceed 10% of the total grant; and

• the indirect-cost allocation must be included as a line item in the project budget.g.