Gift, Grant or Contract?

Correct classification can be very complex. Rather than focusing on any individual characteristic, each award must be looked at in its totality. The table below summarizes a few of the criteria that are reviewed when making this determination.

Gift Grant Contract License Agreement
Primary Intent:
  • Charitable intent
  • No expectation of economic benefit or quid pro quo
Primary Intent:
  • Public Good
Primary Intent:
  • Economic Benefit or specific benefit to Sponsor
Primary Intent:
  • Economic Benefit or specific benefit to Sponsor
Source of funding:
  • Individual
  • Private
  • Non-governmental
Source of Funding:
  • All
Source of Funding:
  • All
Source of Funding:
  • All
Purpose:
  • General
  • Doesn't direct specific scientific inquiry
  • May be restricted to a particular purpose such as professorship or scholarship
Purpose:
  • Semi-Directed with broad, programmatic objective
  • Result of submitting proposal driven by outcome
Purpose:
  • Specific purpose, service or objective
  • Result of submitting proposal driven by outcome
Purpose:
  • Specific purpose, service or objective relating to USU Intellectual Property (IP)
Terms:
  • General or non-restrictive
  • Irrevocable
Terms:
  • Semi Restrictive
  • Revocable
  • Intellectual Property (IP) issues
  • Typically must return unexpended funds
  • Payments contingent on progress
  • Specific period of performance
  • Specific financial accountability
  • Sponsor approval may be required for deviations
Terms:
  • Restrictive
  • Revocable
  • Intellectual Property/Ownership issues
  • Data or Publication restrictions (even review and/or approval language)
  • Payments may be contingent on progress
  • Specific period of performance
  • Specific financial accountability
  • Sponsor approval required for deviations
Terms:
  • Restrictive
  • Revocable
  • IP/Ownership terms
  • Data or Publication restrictions (even review and/or approval language)
  • Payments may be contingent on progress
  • Specific period of performance or license term
  • Specific financial accountability
  • Sponsor approval required for deviations
Reporting/Deliverables:
  • Minimal reporting
  • Stewardship vs. contractual obligation
Reporting/Deliverables:
  • Required
  • Regular financial and progress report required
  • Final financial and Final technical Reports standard
Reporting/Deliverables:
  • Required
  • Regular financial and progress reports required
Reporting/Deliverables:
  • Required
  • Regular financial and progress reports required.
  • Final financial and Final Technical Reports.
Managing USU Office:
Advancement
(435) 797-1364
Managing USU Office:
Sponsored Programs
(435) 797-1226
Managing USU Office:
Sponsored Programs
(435) 797-1226
Managing USU Office:
Technology Transfer Services
(435) 797-1199

View the full, approved document defining gifts, grants and contracts.