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; 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

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.