Re: Institutional fund for matching funds John D. Pepe 01 Nov 2000 16:28 EST
Bill - We establish a separate account for the cash match and budget by line item. Our fiscal year budget is a calendar year and the lag between submission and award on proposals with a cash match provides the opportunity for inclusion in the next years overall operating budget. The match is supported by institutional funds, either raised by the development office or provided by endowment operating support, or a combination of both. Whether the institution supports matches that result from an award equitably across research disciplines is another issue. John D. Pepe Controller Stroud Water Research Center 970 Spencer Road Avondale, PA 19311-9514 VOICE: (610) 268-2153, ext. 253 FAX: (610) 268-0490 E-MAIL: xxxxxx@stroudcenter.org -----Original Message----- From: Research Administration List [mailto:xxxxxx@hrinet.org]On Behalf Of William Campbell Sent: Wednesday, November 01, 2000 3:36 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 ====================================================================== Instructions on how to use the RESADM-L Mailing List, including subscription information and a web-searchable archive, are available via our web site at http://www.hrinet.org (click on "Listserv Lists") ====================================================================== ====================================================================== Instructions on how to use the RESADM-L Mailing List, including subscription information and a web-searchable archive, are available via our web site at http://www.hrinet.org (click on "Listserv Lists") ======================================================================