Indirect & Opportunity Funds

Indirect & Opportunity Funds are generated in several ways.  The most common and widely used of the funds in this group is 07427 - University Opportunity fund (also referred to as the Indirect Cost Recovery-ICR).  This fund is made up of indirect cost recovery generated from a portion of federal contracts and grants, as well as private and local contracts and grants; the remainder of indirect cost recovery funds are included in OP Fund 19933.   Indirect & Opportunity funds are also in fund numbers "04XXX", "05XXX" and "09XXX". These funds are in Sub Fund Group Type K.

These funds are authorized by base or current budget transfer; usually from the Budget Office via a KFS BA document and occasionally from UCOP or another campus via the ITF process.

Restrictions

Expenses should be in line with the authorized purpose as stated in the budget allocation and must follow all UC Davis and UCOP policies and procedures.

Sub Fund Group Types

K - Endowments Prin Opp Funds

Sub-Fund Group

Description

EDFUND

EDUCATION FUND

ENDPRN

ENDOWMENT PRIN EXC OPP FUNDS

OPPAA

OPPORTUNITY FUNDS-AFFIRMATIVE ACTION

OPPBRG

OPPORTUNITY FUNDS-BRIDGE PROGRAM

OPPFAC

OPPORTUNITY FUNDS-FACULTY RES GRANTS

OPPFND

OPPORTUNITY FUNDS

OPPICR

OPPORTUNITY FUNDS-INDIRECT COST RECOVER

OPPINS

OPPORTUNITY FUNDS-INSTRUCTION IMPROVEMEN

OPPLSI

OPPORTUNITY FUND - LIFE SCIENCE INFORMAT

OPPREA

OPPORTUNITY FUNDS - RESEARCH IN ARTS

OPPRES

OPPORTUNITY FUNDS-RESEARCH MATCH

PRESFL

PRESIDENT'S FELLOWSHIP



Frequently Asked Questions

How is the Indirect Cost Recovery (ICR) allocated?

Please see http://budget.ucdavis.edu/budget-model/index.html for additional information on how ICR is allocated. 

Please note, each dean's office allocates the ICR differently.  Contact your dean's office staff for questions on ICR allocations to your department.


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