ed by the main or `catalytic' £under. Thus: DFL = [directly leveraged funds] / [total project expense] Example: Total Project expense: $100,000 Core / Catalyst Fonder: $ 60,000 Other Donors: $ 40,000 DFL = [$ 40,000] / [$100,000] = 0.40 = 40 % direct financial leverage on the project Alternately, DFL may be