Securing Financial Support The Essential Guide to Gifts and Grants

Proper classification of External Funding to the University, as either Gift or Grant, is essential to ensure that such funding receives proper compliance review ... Gifts may be given for specific purposes, including research projects, but funding is given with the intent that the campus has broad flexibility to utilize it ... ... 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 ... Gift vs. Grant Guidelines. December 2011. Background and Context. On behalf of the faculty and the University, the Office of Research Administration is charged ... Having regular reports due does not necessarily mean a grant is contractual (vs. being a gift). According to CASE, if sponsored research is not contractual, it ... Often individuals receive money and have difficulty differentiating whether it is a gift or a grant. The criteria for determining whether funds ... This guideline will provide assistance to determine if your award is a gift or a sponsored award. Sponsored awards and gifts may be labeled in a variety of ... The classification of external funds as a grant or a gift are important fiscal and fiduciary responsibilities of the University. Download the Characteristics of a Grant, Contract, and Gift guide. Office of the Vice Chancellor for Research. MSC 1054-87-1600. Washington University Proper classification of gifts and grants in the accounting records is crucial to ensure the University's external financial statements are presented accurately ...