Our new indirect costs distribution plan includes a percentage of recovered
funds to be distributed to the PI, but this is to be used as seed money for
future research endeavors and is not given as a cash bonus.
A few months ago I conducted an informal survey on this listerv to find out
how other institutions allocate their recovered indirect costs.  If you're
interested, I can send you a copy of the responses I received.
-Amy

"The man who doesn't read good books has no advantage over the man who can't
read them."
 -Mark Twain

Amy Hibbard
Grants Administrator
Keck Graduate Institute of Applied Life Sciences
535 Watson Drive, Claremont, CA 91711
T: (909) 607-9313 / 607-7855
F: (909) 607-8086
xxxxxx@kgi.edu
www.kgi.edu

-----Original Message-----
From: Kevin Sottak [mailto:xxxxxx@UVI.EDU]
Sent: Tuesday, March 19, 2002 8:57 AM
To: xxxxxx@HRINET.ORG
Subject: [RESADM-L] Faculty "Bonuses" from Indirects
Importance: High

Colleagues:

The University of the Virgin Islands is in the introductory stages of
developing an indirect cost distribution schedule and policy.  A faculty
member claims that a colleague at a major mainland university told him that
his institution's policy allows successful grant-writers to collect an
annual "bonus" based on a percentage (1%) of indirect costs recovered
through the grant.  I've never heard of an institution that makes cash
payments to investigators based on indirect costs recovered.  Is this
legal?  Do any of you have similar policies that you would be willing to
share with me?

Thank you for any and all guidance you can provide.

<>~~~<>~~~<>~~~<>~~~<>~~~<>~~~<>~~~<>~~~<>

Kevin J. Sottak
Director of Grants and Major Gifts
University of the Virgin Islands
2 John Brewers Bay
St. Thomas, VI 00802

340/693.1002
xxxxxx@uvi.edu

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