Oh, eye burns!

In-kind are noncash contributions like donated time, loaned equipment, etc, up to market value.  If Bill Gates donates time cleaning test tubes, you cannot claim his hourly rate of $5 Mil an hour as in-kind.  Only the going market rate for bottle washers.

"Korzyk, Barbara" <xxxxxx@WSU.EDU> wrote:

>I've been waiting for a response to Larry wearing nothing but a smile.
>Spanky?
>
>-----Original Message-----
>From: Research Administration List
>[mailto:xxxxxx@lists.healthresearch.org] On Behalf Of Lawrence Waxler
>Sent: Wednesday, May 25, 2011 6:59 AM
>To: xxxxxx@lists.healthresearch.org
>Subject: Re: [RESADM-L] Cost Share: In-Kind vs. cash
>
>
>
>We like to define cash match as anything that we can display as a budget
>and/or expense in our accounting system.
>
>However, there are times when sponsors place restrictions on that. For
>example, we had a sponsor who limited cash match to new institutional
>commitments rather than allowing existing faculty salaries. And, there
>are sponsors who will only allow F&A to be counted as in-kind. In these
>cases, we grin and bare it.
>
>Larry
>
>
>
>From: Research Administration List
>[mailto:xxxxxx@lists.healthresearch.org] On Behalf Of
>Watkins-Wendell,Kathryn A
>Sent: Wednesday, May 25, 2011 9:24 AM
>To: xxxxxx@lists.healthresearch.org
>Subject: [RESADM-L] Cost Share: In-Kind vs. cash
>
>
>
>Colleagues,
>
>Can you share your institution's definition on in-kind vs. cash match?
>I
>have seen cash match defined as any $$ provided by the institution
>(including already-budgeted institutional salary and fringes), and
>conversely have also seen in-kind defined the same way.   Thanks!
>
>
>
>Katie
>
>Kathryn Watkins-Wendell, M.Ed., CRA, Director
>
>Office of Research Services & Sponsored Programs
>
>The University of Akron
>
>   President, Ohio Chapter SRA  *  Board Member Emeritus, RACC
>
>302 Buchtel Common, Akron, OH 44325-2102
>
>330-972-6764   xxxxxx@uakron.edu
>
>
>
>
>
>Follow UA Research on:
>
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><http://www.twitter.com/uaresearch> imagesCA2QOPT7
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>
>
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>~~~~~~~~~~~~~~~~~~~~~~~
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>University of Southern Maine
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