For a general or specific purpose, e.g., endowment, capital projects, or student financial aid. May support the research of one or more specified faculty members or research programs

For specific statements of work e.g., specified protocol, experiments, and testing of hypotheses.

No deliverables.

Deliverables defined by formal, written agreement, including, reports, research results, IP rights, equipment, or other specified services or considerations. Funds may be withheld pending delivery.

Qualifies for treatment as charitable contribution by donor.

May qualify for basic research tax credit for sponsor

Proposal may be informal or a formal proposal.

Proposal submission required through the authorized office (either Sponsored Programs or IAO)

May require general stewardship. May communicate progress reports, reports of funds and balance, invitation to open reviews of research to donor.

May require detailed financial and other reports

No requirement or expectation of return of unexpended funds

Certain expenditures may require prior written approval by sponsor

No required pre-approvals for expenditures

Certain expenditures may require prior written approval by sponsor and must be separately budgeted and accounted for.

No benefit directly accrues to donor. General public is primary beneficiary

May be direct benefit to sponsor including IP licensing rights and confidentiality agreements may be signed.