DEFINITIONS
Gift - transfer of funds or property
to the University from a group, foundation, or individual
that will not benefit the donor. There are no specific
requirements, such as scientific progress or detailed
financial reports required as a condition of the gift,
although the donor may specify an area of research that
is to be supported by the gift.
Sponsored Project- externally sponsored
award that is made to the University to support a specific
project. Sponsor details terms and conditions of the award,
and each award has a unique account with a separate budget
and financial report. Activities supported are usually
research, training, or public service.
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