Guidelines: If you have questions about this form, please contact Diane Terry at 607-255-6425 or dmt4@cornell.edu, or Bank Accounting at 607-255-9664 or dfa-ribacctg@cornell.edu.
Return of Indirect Cost on Restricted Gift Accounts Form Endowed units must complete this form to request a waiver of indirect cost that has been charged to a restricted gift account. Once the form is submitted and approved, the charge for the cost will be reversed automatically. If the "Effective Date of Change" is prior to the current month, the accounting office will prepare a journal to make the change retroactively.
Guidelines:
This form must be submitted for each account for which the indirect cost is to be waived.
The department chairperson (or designee) should complete the "reason for return" part of the form, and include a brief statement explaining the reason for the request. If the return is requested because an external funding source has disallowed an indirect cost charge, please include documentation to that effect.
The form should be approved by the Dean or Director who has transaction authority for the account that receives the indirect cost credit. Please contact the Budget Office if you need clarification regarding the necessary approval authority for your department or unit.
Send completed forms to the Accounting Office, 341 Pine Tree Road, East Hill Plaza, Ithaca, NY 14850.
, 
instructions.
