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