Maximizing Impact Gifts vs Grants for Social Change

Funding is a gift and should be processed through University Advancement if: Gift characteristics include: Irrevocable transfer of funds or other valuable ... Major gifts are significant contributions from individuals, families, or organizations and are typically secured through personal relationships ... Responsible Executive: Vice President for Research Responsible Office: Office of Sponsored Projects Effective Date: Last Revised: Contact: Sponsored awards can be classified into three categories: grants, cooperative agreements, and contracts. Some grants can be classified as gifts. Often individuals receive money and have difficulty differentiating whether it is a gift or a grant. The criteria for determining whether funds ... Gift vs. Grant For foundations and non-profit sponsors, it is often difficult to determine at the proposal stage if the resulting award will be a gift or a ... 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. ... Below are some general guidelines that should help you decide the appropriate contact office for assistance for your award or gift. Grant vs. Gift. Lamar University must manage all funds received in ... of any gift, grant or contract. The University's approval, negotiation and ... For instance, grant funding typically has detailed financial reporting requirements, return of unused funds language, and other conditions. Gifts are less ...