Mastering Funding Acquisition A Guide to Gifts and Grants

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For instance, grant funding typically has detailed financial reporting requirements, return of unused funds language, and other conditions. Gifts are less ... Responsible Executive: Vice President for Research Responsible Office: Office of Sponsored Projects Effective Date: Last Revised: Contact: Gifts: Voluntary contributions made to the University that are motivated by a Funder's charitable intent, for which the Funder receives no ... ... funding should be a sponsored project or a gift. Documentation may include some or all of the following items: Statement of Work/Project Description, Proposal ... 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 ... This page clarifies the differences to assist in determining whether your project is a gift or a sponsored project. • Defines gifts, grants and contracts and MTAs. • Provides criteria for differentiating among gifts, contracts or grants, and MTAs vs. sales and service. A gift is a philanthropic contribution. A sponsored program, or grant (research or educational activity) is an exchange of value. No tangible benefit to donor. ... The government makes grants. Individuals usually make gifts. Foundations or corporations can make either one, though foundations mostly make ... 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 ...
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