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EXIBHIT B <br />SHINNYO-EN FOUNDATION GRANT TO <br />REDWOOD CITY TOGETHER <br />FOR <br />“The 2024-2025 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: $63,000 for one year <br />Total Request to Shinnyo-en Foundation: $63,000 <br />Total Proposed Expenditures: $89,479 <br />Fellow’s Salary: $55,303 <br />Fellow’s Benefits: $30,805 <br />Supervisory Compensation: $3,000.00 <br />MISC Support (e.g., professional development or travel stipend): $371 <br />Salary and Benefits Details <br />11-month <br />Total <br />Notes <br />Fellow Salary $55,303 $29/hours @ 1907 hours <br />Fellow Benefits (PERS, FICA, Health <br />Insurance, Medicare, <br />Unemployment/SUI) $30,805 <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 $89,479 <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: 07-18-24 LF <br />ATTY/AGR.2024.112/Shinnyo-en Foundation (Shinnyo-en Fellow) (Page 6 of 6)