Grant or Gift?

Suppose a faculty member hands you a check for $10,000, telling you that it came from XYZ Foundation to support research in your department. Along with the check is an agreement that needs to be signed, indicating how the funds are to be used and imposing other restrictions. Is this support for a sponsored project or a gift? Who needs to sign the agreement? Who do you send it to?

Download the procedures and check list for making the determination of whether the funds are a Grant or Gift?

You can also view the Sponsored Program or Gift presentation to help you make the determination.