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SHINNYO-EN FOUNDATION GRANT <br />TO <br />REDWOODCITY 2020 <br />FOR <br />"Stanford Public Interest Network (SPIN) Shinnyo Fellow" <br />Proiect Budget* <br />Shinnyo-en Foundation Grant: $50, 000 /or one year <br />Total Expenditures: $53,500 <br />• Fellow's Salary: $33,372.50 <br />• Fellow's Benefits: $16,563.56 <br />• Supervisory Compensation: $3,000.00 <br />• MISC Support (e.g., professional development or travel stipend): 5563.94 <br />Salary and Benefits Details <br />* Redwood City 2020 is committed to raise $3,500 to make up for the difference between the <br />awarded grant amount and the total expenditures. <br />** Any changes or adjustments to the project budget require prior approval by Shinnyo- en <br />Foundation. Please submit your request in writing to the Program Director. <br />REV: 05-09-18 RL <br />Page 6 of 6 <br />ATTY/AGR.2018.096/Shinnyo Fellow 2018-19 <br />11 month Total <br />Notes <br />August 1, 2018 - June 30, <br />Salary <br />$33,372.50 <br />2019 <br />PERS: Approximately 2%@62 <br />Fellows Benefits (PERS, <br />tier <br />FICA, Health <br />FICA: 6.25% employee <br />Insurance, Medicare, <br />contribution. Kaiser on 90% <br />Unemployment/SUI) <br />$16,563.56 <br />plan <br />$2,100 for Redwood City <br />Supervisory <br />2020 (70%), $900 for <br />Compensation <br />$3,000.00 <br />Gardner Center (30%) <br />Professional development <br />MISC. Support <br />$563.94 <br />and/or travel <br />Total <br />S53,500* <br />* Redwood City 2020 is committed to raise $3,500 to make up for the difference between the <br />awarded grant amount and the total expenditures. <br />** Any changes or adjustments to the project budget require prior approval by Shinnyo- en <br />Foundation. Please submit your request in writing to the Program Director. <br />REV: 05-09-18 RL <br />Page 6 of 6 <br />ATTY/AGR.2018.096/Shinnyo Fellow 2018-19 <br />