From Donations to Awards Explore the Nuances of Gifts and Grants

Typically, a Gift for Research is any item of value given by a donor who expects nothing of significant value in return, other than recognition and disposition ... This page clarifies the differences to assist in determining whether your project is a gift or a sponsored project. A Matching Gift, also known as a Matching Fund, is a gift made to your organization by a matching donor (e.g., a foundation) under the provision that another ... • Defines gifts, grants and contracts and MTAs. • Provides criteria for differentiating among gifts, contracts or grants, and MTAs vs. sales and service. Grants are reciprocal in nature. Each party is giving and receiving something of relatively equal value in the transaction. A gift or contribution is an item ... Gifts. The following is presented as a guideline to determine if funds received from external sources should be treated as a grant/contract or a gift. • A ... The government makes grants. Individuals usually make gifts. Foundations or corporations can make either one, though foundations mostly make ... Grant vs. Gift. Lamar University must manage all funds received in ... of any gift, grant or contract. The University's approval, negotiation and ... Gift: A funding instrument issued by an external funder to provide philanthropic assistance for either unrestricted or restricted University programs or ... Gifts to USU of a restricted or unrestricted nature that do not include any conditions that would classify it as a grant are not viewed as sponsored programs ...