At our University, if there are reporting requirements, than this would
definitely be a grant; not a gift.
Audrey
Office of Research Services
3451 Walnut Street, Room P221 Franklin
Philadelphia, PA 19104-6205
(p) 215 573 6709
(f) 215 898 9708
-----Original Message-----
From: Research Administration List [mailto:xxxxxx@hrinet.org] On
Behalf Of Wilma Ennenga
Sent: Friday, January 31, 2003 10:18 AM
To: xxxxxx@HRINET.ORG
Subject: [RESADM-L] Grants vs gifts
How would your university handle a grant awarded with the conditions
described below from a private foundation? Would the grant be
administered
by the foundation or by the university sponsored projects/grants office?
The award in question is from private foundation whose literature states
that "Grants are awarded to nonprofit public charitable organizations
that
are tax exempt under Section 501(c)(3) of the Internal Revenue Code".
The
purpose of the grant is to "recruit and train (ethnic minority) school
administrators". The grant was "paid up front" rather than cost
reimbursement, and allows 15% indirect costs which the foundation would
intend to claim if grant expenditures are made directly from the
foundation
rather than from the university. The deliverable is a final product
report/video to help distribute knowledge/lessons learned to others in
the
field. Other specific terms and conditions are that the award is
revocable,
a period of performance is specified, a detailed financial report is
required showing how the funds were expended, and unexpended funds must
be
returned.
Thanks for your responses, and please feel free to respond to me
directly
at xxxxxx@nau.edu
Wilma G. (Winnie) Ennenga
Director, Office of Grant and Contract Services
Northern Arizona University
BAC 100C, Building 51, Knoles Drive
Flagstaff, AZ 86011-4130
Telephone: 928/523-8319 Fax: 928/523-1075
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