We would consider those gifts and we do not charge an administrative fee on gifts.

____________________________________________________

Theresa L. Ashman, CPA
Controller
201 S Presidents Circle, Room 408
Salt Lake City, UT  84112
(801) 581-5077 voice
(801) 585-5257 fax

-----Original Message-----
From: Research Administration List [mailto:xxxxxx@lists.healthresearch.org] On Behalf Of Carol Sprague
Sent: Tuesday, February 15, 2011 7:58 AM
To: xxxxxx@lists.healthresearch.org
Subject: [RESADM-L] Unrestricted grants and gifts from industry

We receive unrestricted grants and gifts which have no reporting
requirements (financial or technical), no specific scope of work, and no
promise of deliverables (they just appreciate being kept infomed of the
research), etc.   The letter will often come with the statement that the
industry sponsor does not want overhead or indirect costs assessed.
These often come from places such as Intel, Google, and other for profit
companies.  They can range from a $1,000 to some that are $750,000.  We
have been charging a 10% administrative fee to cover some of the costs
of accounting, procurement, etc.  for these types of awards and our PI's
are not happy.  Do others of you have similar types of awards?  How do
you handle recouping any university type expenses?

Thank you!

--
Carol P. Sprague
Director
University of Massachusetts
Office of Grant&  Contract Administration
Research Administration Building
70 Butterfield Terrace
Phone 413-545-0698
Fax 413-545-1202

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======================================================================
 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.healthresearch.org (click on the
 "LISTSERV" link in the upper right corner)
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