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Portfolio Foundations (MIT Only)
Indirect Costs
Before submitting proposals, faculty need to sort out the indirect cost issues associated with their projects.
Foundations typically pay no or little overhead, and funds for the resulting "underrecovery" must be identified from internal sources and committed to the project if the proposal is to go forward. Faculty are advised to work closely with department heads, administrative officers, Foundation Relations staff, and school development officers to address this issue.