Indirect and 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. Indirect & Opportunity funds are also in fund numbers "04XXX", "05XXX" and "09XXX".
These funds are authorized by base or current budget transfer; usually from the Budget Office via a budget 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
| 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 Budget Model 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.