Gifts vs. Grants Navigating the Funding Landscape with Confidence

Gift vs. Grant Guidelines. December 2011. Background and Context. On behalf of the faculty and the University, the Office of Research Administration is charged ... With a gift the donor specifies the general program or research the money is given to support, but does not require us to adhere to a strictly defined budget or ... The language used in the funding notification serves as a key factor in distinguishing between a sponsored project and a gift. However, there are cases where ... Grant, Contract, or Gift? It is the goal of the Office of Development and Office of Sponsored Projects to effectively classify and administer funding from ... Only Development & Alumni Relations may accept gifts on behalf of the University. B. “Grant or Contract” means an award from a sponsor to the ... A grant, also known as a Sponsored Award, is funding from an external entity such as a private foundation, corporation or governmental agency. A gift is a voluntary, irrevocable transfer of funds or property made by a donor motivated by charitable intent, in the interest of and for the benefit of the ... Distinguishing a gift from a grant is not always easy. Use the information below to help you make your determination. Responsible Executive: Vice President for Research Responsible Office: Office of Sponsored Projects Effective Date: Last Revised: Contact: Gift or a Grant? ▫ Grants are reciprocal in nature. Each party is giving ... Process for Gifts and Grants. ▫Texas A&M Foundation processes gifts to ...