Fringe Benefit Rate

As part of being compliant with the costing principles laid out in the federal circulars that apply to non-profit organizations, Northwell Health has entered into a negotiated rate agreement for facilities and administrative costs. This agreement governs the amount of overhead (also known as indirect costs or facilities and administrative costs) that are considered part of the true costs of a sponsored program. In addition, Northwell Health has computed the rate at which employee benefits may be charged to an external sponsor, which is commonly known as a Fringe Benefit rate.

The current Fringe Benefit rate for all employees of Northwell Health is 31%.

F & A Rate Agreement