Gifts

Proper classification and processing of external funds, i.e., gifts, grants (and contracts) assures the University’s ability to comply with terms specified by the sponsor/donor, meet reporting requirements, and facilitate acceptable levels of accountability and stewardship for these funds. Classification and processing of these awards is sometimes complex and requires the exercise of informed judgment, particularly in the many cases where the nature of an award is not immediately clear. The Office of Sponsored Projects and the Offices of Corporate and Foundation┬áRelations will work together to determine a project’s classification when it includes characteristics that, taken alone, may not readily identify the project as a gift or a grant.

Pertinent Office(s):