About
Gonzaga’s Jesuit, Catholic, Humanistic education will challenge and inspire you.
Correct classification of external funding can be very complex. Rather than focusing on any individual characteristic, each offer must be looked at in its totality. The table below summarizes a few of the criteria that are reviewed when making this determination. (chart obtained through Utah State University).
Gifts |
Grant |
Contract |
License Agreement |
|
| Managing Office | Development | Sponsored Programs | Sponsored Programs | Sponsored Programs |
| Primary Intent | Charitable intent, no expectation of economic benefit or quid pro quo | Public Good | Economic Benefit or specific benefit to Sponsor | Economic Benefit or specific benefit to Sponsor |
| Source of funding | Individual, Private, Non-governmental | All except individual | All except individual | All |
| Purpose | General. Doesn't direct specific scientific inquiry. May be restricted to a particular purpose such as professorship or scholarship. | Semi -Directed with broad, programmatic objective. Result of submitting proposal driven by outcome. | Specific purpose, service or objective. Result of submitting proposal driven by outcome. | Specific purpose, service or objective relating to Intellectual Property (IP). |
| Terms | General or non-restrictive | Semi Restrictive | Restrictive | Restrictive |
| Irrevocable | Revocable | Revocable | Revocable | |
| Intellectual Property (IP) issues | IP/ Ownership issues | IP/ Ownership terms | ||
| Typically must return unexpended funds | Data or Publication restrictions (even review and/or approval language) | Data or Publication restrictions (even review and/or approval language) | ||
| Payments contingent on progress | Payments may be contingent on progress | Payments may be contingent on progress | ||
| Specific period of performance | Specific period of performance | Specific period of performance or license term | ||
| Specific financial accountability | Specific financial accountability | Specific financial accountability | ||
| Sponsor approval may be required for deviations | Sponsor approval required for deviations | Sponsor approval required for deviations | ||
| Reporting/ Deliverables | Minimal reporting, Stewardship vs. contractual obligation | Required | Required | Required |
| Regular financial and progress reports required | Regular financial and progress reports required. | Regular financial and progress reports required. | ||
| Final financial and Final Technical Reports standard | Final financial and Final Technical Reports. | Final financial and Final Technical Reports. |