Applicants for project grants may include indirect expenses in their project budget. When eligible, the Foundation will pay indirect expenses of 29%, unless an applicant specifically requests less than 29%. Grants that are not eligible for indirect expenses include those made for general operating support; grants for endowment, capital, or other fundraising campaigns; and any unrestricted grants. Our policy is informed by research conducted by MacArthur Foundation that found that 29% was the “minimum indirect cost rate associated with financially healthy organizations.”