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EXIBHIT B <br />SHINNYO-EN FOUNDATION GRANT TO <br />REDWOOD CITY TOGETHER <br />FOR <br />“The 2023-2024 Shinnyo Community Impact Fellow” <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 Grants Manager. <br />Project Budget* <br />Shinnyo-en Foundation Grant: $54,000 for one year <br />Total Request to Shinnyo-en Foundation: $54,000 <br />Total Proposed Expenditures: $71,018 <br />•Fellow’s Salary: $43,861 <br />•Fellow’s Benefits: $23,786 <br />•Supervisory Compensation: $3,000.00 <br />•MISC Support (e.g., professional development or travel stipend): $371 <br />Salary and Benefits Details <br />Monthly <br />11-month <br />Total <br />Notes <br />Fellow Salary $3,987 $43,861 $23/hours @ 1907 hours <br />Fellow Benefits (PERS, FICA, Health <br />Insurance, Medicare, <br />Unemployment/SUI) $2,162 $23,786 <br />PERS: Approx. 2% @62 tier, <br />FICA: 6.25% <br />employee contrib., <br />Health: Kaiser 90% plan <br />Supervisory Compensation $3,000 Estimated <br />Misc. Support $371 Professional Dev, Travel <br /> Total $71,018 <br />Note: Redwood City Together is responsible for making up for the difference between the awarded <br />grant amount and the total project exenditures. <br />REV: 07-27-2023 VR <br />ATTY/AGR.2023.143/Shinnyo-en Foundation (Shinnyo-en Fellowship FY23-24) (Page 6 of 6) <br />DocuSign Envelope ID: ADE98CF8-9910-4DFC-A768-E8466D20D3AD