Navigating the Gift vs Grant Maze A Step-by-Step Roadmap

Responsible Executive: Vice President for Research Responsible Office: Office of Sponsored Projects Effective Date: Last Revised: Contact: Gift vs. Grant vs. Contract · Gift. Funds or goods given voluntarily with no reciprocal obligations. See below for more details. · Grant/Cooperative Agreement. 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 ... However, unrestricted grants are not considered gifts because the sponsor does not express a specific intent for the funds to be treated as a gift, or because ... Referred as such gifts may be termed "grants" by corporations and. Reporting foundations. Limited financial reporting or progress reporting for stewardship. In cases where there is a question as to whether an activity for which external funding is sought constitutes a sponsored activity or a gift, the Office of ... For additional information, see ORSP's Grant vs. Gift Guidance. Schedule a meeting with ORSP to review all funding documentation available, or provide ORSP with ... The classification of funding as “research gifts” or “sponsored project” will affect, among other things, the way Colorado School of Mines. (hereafter CSM) or ... Grant or Gift? · Payment or nonpayment of indirect costs. Designation as a gift will not prevent recovery of indirect costs where allowed by donor. · A proposal ... Gifts vs. Grants · Gifts remain with the university and do not follow faculty members · Gift funds in support of a lab should not be so specific/restricted as ...