Is it a Gift or a Grant and other Critical Funding Mechanism Clarifications
Your Staff Need to Know
July 14, 2015 2 – 3:30 pm Eastern Time
Available Now on Demand!
“A lack of clarity could put the brakes on any journey to success.”
― Steve Maraboli
What are the mechanisms for funding research and other activities at your institution and how do you handle them?
Most of us in research administration are familiar with the differences between awards we receive for federal financial assistance (grants and cooperative agreements) and those for federal procurement (contracts). But fewer of us seem to feel comfortable describing the differences between a gift and a grant. And to make things more confusing there are Material Transfer Agreements, Licensing Agreements, Consulting Agreements, Technical Service Agreements, Facilities Use Agreements, and Memoranda of Understanding– where do they all fit in? And regardless of how our institutions classify them internally, most of these agreements (even many “gifts”) are legally binding and considered “contracts” under the law.
Join this in-depth webinar that will explain the nature and context of various funding agreement types and how to handle them.
Learning Objectives: After completing this webinar participants will be better able to:
- Identify various types of funding agreements, including federal and non-federal, binding and non-binding, gift and grant;
- Describe the characteristics of various types of funding agreements and what they are intended to accomplish;
- Assess the potential negative impacts to the institution of various agreement types if they are not handled properly.
Participants receive 1.5 hours of Continuing Education Credits = .15 CEUs
David Mayo has served as one of NCURA’s faculty for our U.S. and Global offerings. He is the Director of Sponsored Research at the California Institute of Technology where he is responsible for oversight of the Office of Sponsored Research including negotiation and administration of complex awards, review and interpretation of existing and emerging federal and state policies and regulations, development of campus policies and procedures, and development and implementation of training programs for campus staff in the area of research administration.