Re: Institutional fund for matching funds Marie Smith 01 Nov 2000 15:48 EST

When we use a % of PI salary, I open a separate account and charge that
account with % of salary and money from the operating account that is used
to cover this portion of the salary.

Marie Smith

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Marie F. Smith
Manager of Grants Administration
Institute of Ecosystem Studies
PO Box AB, 65 Sharon Turnpike
Millbrook, NY 12545
Tel: 845-677-5343
Direct Line: 845-677-7600 x 112
FAX: 845-677-5976
E-mail: xxxxxx@ecostudies.org

-----Original Message-----
From: William Campbell [mailto:xxxxxx@UWRF.EDU]
Sent: Wednesday, November 01, 2000 12:36 PM
To: xxxxxx@HRINET.ORG
Subject: Institutional fund for matching funds

Resadm-ers--

I have proposed to our chancellor that my institution establish an
institutional grant fund to pay cash matches, fringe benefits when the
sponsor doesn't, and other such expenses.  She asked me 'what do other
universities do?'  Good question.  It contains two, more specific,
questions:

1. For those institutions that have some sort of fund from which you can
draw cash matches and such, how much is in it?  Do you size your fund based
on past experience?  On what's available?  On some percentage of external
funds collected per year?

2. Where does the money come from?  I've suggested two sources: indirect
costs and our university foundation.  Are there any other likely candidates?

We're a small institution with only between $2M and 3M external funds
received per year, but grant activity is increasing.  And we'd like it to
increase faster.  We've reached the point where we have to think twice about
submitting proposals with cash matches, hence my proposal to establish a
fund.

Reply either to the list or to me (but note that if you simply punch reply,
your message goes to everyone--that still surprises me, sometimes). If I
receive a significant number of private replies, I'll summarize to the list.

Regards, Bill

Bill Campbell
Director, Grants & Research
University of Wisconsin-River Falls

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