The following table summarizes how IU Research (IUR) spent the retained Central Indirect Cost Recovery (ICR) Allocation Formula funds in FY2024 and how it has committed ICR funds for FY2025.
The Central Indirect Cost Recovery (ICR) Allocation Formula Expenditures
IU Research - ICR Expenditures for FY2024 and Committed ICR Expenditures for FY2025
ICR Received (FY2024) or
Projected to Receive (FY2025)
Projected to Receive (FY2025)
$12,913,617
$21,500,000
| ICR Expenditures Per Use Category | FY2024 Expenditures | FY2025 Commitments |
|---|---|---|
| Mission Critical Infrastructure - Programs | $2,409,396 % of Total: 17.7% | $1,870,000 % of Total: 6.0% |
| Mission Critical Infrastructure - Personnel | $4,603,484 % of Total: 33.9% | $716,304 % of Total: 2.3% |
| Research & Animal Space Renovations & Improvements | $112,902 % of Total: 0.8% | $3,000,000 % of Total: 9.7% |
| Research Infrastructure & Equipment | $1,932,285 % of Total: 14.2% | $1,249,701 % of Total: 4.0% |
| IU Research Cores & Core Services, & CIMS Including Equipment | $2,044,673 % of Total: 15.1% | $11,659,281 % of Total: 37.6% |
| Start-Up and Retention Packages for Faculty | $54,594 % of Total: 0.4% | $1,030,000 % of Total: 3.3% |
| Big Initiatives & Opportunities Aligned with IU 2030 Strategic Plan | $1,118,722 % of Total: 8.2% | $8,266,507 % of Total: 26.7% |
| Cost-Matching on External Grants & Contracts | $711,927 % of Total: 5.2% | $3,200,000 % of Total: 10.3% |
| Other Research Support | $596,617 % of Total: 4.4% | $22,500 % of Total: 0.1% |
| ICR Commitments Total | $13,584,600 | $31,014,293 |