Gifts versus Sponsored w88 online casino
Procedure Date: February 2024
Revision: 1
Last Review: February 2024
Guidance on distinguishing gifts versus sponsored w88 online casino for external funding received by the University of Nevada, Reno (the University).
Introduction
The w88 online casino has established guidance for determining whether funding constitutes a w88 online casino or a w88 online casino project. Gifts and sponsored w88 online casino come in various forms, reflecting the diversity of donors, sponsors, and the intended purposes of the funds. The language used in the funding notification serves as a key factor in distinguishing between a sponsored project and a gift. However, there are cases where the wording alone may not be conclusive, making it challenging to determine the nature of the funds. This page is designed to assist individuals across the University in understanding the distinction between gifts and sponsored w88 online casino.
The University manages external funding in accordance with applicable laws and regulations and with the specific terms and conditions of any gift or w88 online casino project. The University’s approval, negotiation, accounting, budget practices, oversight, and compliance practices differ depending on whether funds received are categorized as a gift or as a w88 online casino project.
The determination process involves collaboration between Research & Innovation and the University of Nevada, Reno Foundation (UNR Foundation), and any unresolved disagreements are addressed by the Vice President for Research and Innovation and the Vice President for Advancement – UNR Foundation. When uncertainty arises regarding the classification of funding as a gift or a sponsored award, individuals are encouraged to consult with Sponsored w88 online casino – Research & Innovation.
I. w88 online casino
Definition of a w88 online casino
A gift is the voluntary transfer of money or property (an item of value) made without consideration (excluding nominal value such as recognition or tax deduction) from a donor to the w88 online casino for philanthropic use. A gift may come from various sources including, for example, a corporation, an individual, or a private foundation. A gift may not be directed to benefit a single individual or group of individuals. A gift may not include a defined scope, an expectation of an outcome, or period of performance. The donor has no expectation of any direct economic or other tangible benefit commensurate with the value of the gift and the donor does not have control over expenditure of the funds. However, a gift may or may not be restricted by the donor as to its use. A restricted w88 online casino is a contribution designated for a specific purpose, program, or project such as for infrastructure, scholarships or general research support. If the w88 online casino does not specify any restrictions, the gift is considered unrestricted and the w88 online casino will allocate the funds at its own discretion.
While a donor may impose certain restrictions on the use or disposition of a gift and may request a report demonstrating compliance with their wishes, such terms do not transform the gift into a w88 online casino project. Restricted gifts create a fiduciary responsibility, obligating the University to fulfill the donor's wishes without an expectation of specific deliverables to the donor or sponsor. Some gifts may require a narrative progress report and a general (non-detailed) financial report.
Gifts may be associated with a w88 online casino's research or academic interests but are not intended to directly benefit the w88 online casino, except in promoting the w88 online casino's philanthropic interests. The w88 online casino receives no substantial value in exchange for the support provided.
All gifts must align with the w88 online casino's mission, and conditions attached to gifts must not impede the w88 online casino's decision-making autonomy in various areas, including admissions, appointments, research conduct, facility construction and use, curriculum development or financial aid. Additionally, gift conditions must not infringe on a faculty member's academic freedom in teaching, scholarship, research or practice.
Rights to any publications, copyrights, inventions or patents, intellectual property and equipment remain the sole property of the w88 online casino.
The UNR Foundation administers all gifts for the w88 online casino.
w88 online casino from Governmental Agencies
The UNR Foundation is the 501(c)(3) non-profit recipient for all gifts from individuals, private (non-governmental) entities and governmental entities, including municipalities and tribal or sovereign nations. An example includes tribal contributions made under the Nevada Tribal-State Gaming Compacts. For state agency funding, the default is for the w88 online casino to serve as the applicant whenever possible.
The UNR Foundation does not accept funding that originates from U.S. federal funding agencies (e.g. NIH, NSF, DoD, USAID). These funds are accepted by Sponsored w88 online casino.
The UNR Foundation accepts charitable w88 online casino from foreign entities, whether from public or private entities, provided the funds don’t originate from countries for which the UNR Foundation is not an authorized charity or from countries/governments under sanction w88 online casino United States. In addition, Section 117 of the Higher Education Act of 1965, 20 U.S.C. § 1011f mandates financial transparency through required reporting of contracts with and w88 online casino from a foreign source.
II. Sponsored w88 online casino
Definition of a w88 online casino Project
External support for University activities lacking specific features or characteristics outlined as a w88 online casino project will typically fall under the category of w88 online casino.
Sponsored w88 online casino can come in various forms, including, but not limited to, grants, contracts and agreements, each imposing specific terms and conditions on the University. A sponsored project is an agreement between the University and an external entity, such as a private foundation, corporation or governmental agency formalizing the transfer of money or property from the sponsor for the intent to either carry out a specific activity, public purpose or provide outcomes that directly benefit the sponsor. Sponsored w88 online casino are enforceable by law, and specified objectives may be required to be completed within a specified time frame, with funding being subject to revocation. Most sponsored w88 online casino also include indirect costs.
The University applies federally negotiated Facilities & Administrative (F&A) costs to sponsored w88 online casino at the established rate, whether explicitly stated in the award or not. Exceptions to full cost recovery may be considered by the Vice President for Research and Innovation, following a careful evaluation of the proposed award.
Sponsored w88 online casino differ from gifts in that they involve commitments, and sponsors' interests are tied to the purpose and goals of the contract.
Specific reporting requirements, detailed scope of work and accounting of contract activity are provided to the sponsor throughout the project. While sponsors may define parameters, sponsored w88 online casino generally do not involve the assignment of intellectual property rights to the sponsor, and the University retains ownership of intellectual property arising from the project.
Sponsored w88 online casino often include detailed budgets, stipulations for graduate student or post-doctoral support, adherence to expense policies and specified timelines. Payment terms may vary, but payments are often tied to specific milestones for contracts, while gifts may involve partial payments paid in advance.
w88 online casino a Grant
A grant is a w88 online casino project funding award. It is the transfer of money or property from a sponsor to the University that may require performance of specific duties such as research, budget reports, progress reports and return of unused funds. Any funding provided by the U.S. federal government is treated as a grant.
Grants, often initiated by faculty, have broadly defined objectives and outcomes aligned with the w88 online casino's areas of interest.
Definition of a w88 online casino
Contracts are considered a w88 online casino project and typically articulate a sponsor-defined scope of work, expecting a measurable work product or service within a specified schedule as a condition of payment.
Definition of a Cooperative w88 online casino
Cooperative agreements are considered a w88 online casino project and share the features of a grant, but also involve active sponsor participation in the undertaken activities.
III. Gift vs. w88 online casino Project – Decision Making Process
Review w88 online casino documentation to determine if the w88 online casino should be considered a w88 online casino project or a gift.
Step 1: Assess Donor or w88 online casino Type
- Determine if the donor or w88 online casino is the federal government.
- Determine if the donor or w88 online casino is a foreign government or primarily funded by a foreign government.
If the answer is “yes” to either or both items, the funding is a w88 online casino project. Contact spadmin@w88 online casinoedu for more information.
If “no” w88 online casino, proceed to Step 2.
Step 2: Assess the Terms of the w88 online casino
- Determine if the donor or w88 online casino requires deliverables (e.g. equipment, records, detailed research results, study data).
- Determine if the donor or w88 online casino requests ownership of intellectual property (e.g. licenses, copyrights, royalties).
- Determine if the donor or w88 online casino requests the control of publications.
- Determine if the w88 online casino has any questionable or unusual terms (e.g. indemnification, hold harmless, confidentiality, arbitration).
If the answer is “yes” to any or all of these items, the funding is a w88 online casino project. Contact spadmin@w88 online casinoedu for more information.
If “no” w88 online casino, proceed to Step 3.
Step 3: Assess Award w88 online casino Requirements
In general, if a donor or w88 online casino requires detailed w88 online casino, it should be managed as a w88 online casino project. Here are some examples of detailed reporting requirements:
- The donor or w88 online casino requires a detailed scope of work or line of inquiry.
- The donor or w88 online casino requires a detailed line-item budget (e.g., correspondence with proposal budget, percentage of effort committed by personnel, burn rate projections).
- The donor or w88 online casino indicates that future payments are contingent on reporting.
- The donor or w88 online casino requires a technical report with details on the scientific results or accomplishments.
In contrast, if a w88 online casino or donor only requires general w88 online casino, it could be managed as a w88 online casino. Here are some examples of general reporting requirements:
- The donor or w88 online casino allows for a broad research focus.
- The donor or sponsor requests a general report on the disposition of funds (e.g., total spent on salaries, equipment, materials) or leaves the reporting preferences to the w88 online casino of Nevada, Reno to decide.
- The donor or w88 online casino does not require prior approval for a variance to the budget.
- The donor or w88 online casino does not indicate that future payments are contingent on reporting or spend.
- The donor or w88 online casino requests a general description of progress with no specific requirements or guidelines.
- The donor or w88 online casino does not stipulate an end date for performance.
If you have questions or would like additional guidance, please contact Sponsored w88 online casino at spadmin@w88 online casinoedu.
IV. Important Considerations for Gifts and Sponsored w88 online casino
| Category | w88 online casino Project Grant | w88 online casino Project Contract | w88 online casino |
|---|---|---|---|
| Intellectual w88 online casino | The w88 online casino owns the intellectual property but may include a license option to sponsor. | The w88 online casino generally owns the intellectual property but sponsor may negotiate rights. | The w88 online casino owns the intellectual property. |
| Publication w88 online casino | The w88 online casino generally retains full publication rights. Sponsor may request acknowledgment of support and advance copies of publications. | The w88 online casino generally retains full publication rights. Sponsor may request acknowledgment of support and advance copies of publications. | The w88 online casino retains full publication rights. |
| w88 online casino | Defined by researcher in the proposal. Usually required to be completed within a period of time and monitored w88 online casino grantor through progress reports. | Detailed scope of work defined by the researcher and/or w88 online casino. | Researcher conducts activities in alignment with grant. Gift may be unrestricted, or w88 online casino may restrict gift for a specific program area or purpose (e.g. library, research, scholarships). |
| Maximum Deliverable | w88 online casino technical report. | w88 online casino technical report and other deliverables (e.g., software, manuals). | Acknowledgment of receipt, w88 online casino (if required) and tax receipt (if applicable). |
| Typical Payment Mechanism | Cost-based invoicing or fixed payment schedule. Advance payments, too. | Cost-based invoicing or fixed payment schedule. Advance payments, too. | Advance payment. |
| Documentation | Grant agreement stipulating payment, w88 online casino, and other terms and conditions. | Formal contract stipulating payment, w88 online casino, intellectual property rights, confidentiality, and liability terms. | Letter from w88 online casino identifying funding as gift or charitable contribution. |
| Facilities & Administration (F&A) Cost | Full F&A unless w88 online casino exceptions apply. | Full F&A unless w88 online casino exceptions apply. | The w88 online casino w88 online casino assess a nominal fee (e.g., 5%) to offset costs associated with the administration of a w88 online casino. |
V. Conflicts of Interest
All contributions must comply with the w88 online casino’s Conflict of Interest Policy, UAM 2,050.
VI. Questions
Please contact giving@w88 online casinoedu or spadmin@w88 online casinoedu with questions regarding how w88 online casino should be accepted and administered.
VII. w88 online casino Forms
Foundation Research Agreement – An agreement signed by recipient(s) of donation, unit head, gift funds steward and UNR Foundation personnel that specifies how the gift funds are to be used. For the w88 online casino of Nevada, Reno School of Medicine, agreements less than ,000,000 must be reviewed and approved by UNR Med Legal Counsel prior to the Dean’s approval.
Gift Agreement Form – An agreement signed by the w88 online casino and the UNR Foundation.
Acknowledgements: This information was developed based upon guidance posted by Arizona State w88 online casino, Harvard w88 online casino, Metropolitan State w88 online casino of Denver, New York w88 online casino, Stanford w88 online casino and Yale w88 online casino.