The table below an aid to assist in understanding some key characteristics to consider when determining what is a sponsored project, contract, or gift.  Note that this is a tool to provide assistance, as the existence of one characteristic alone is likely not sufficient to make a determination.  Agreements require careful review to protect the interest of the researcher and the TAMU System Member.  Please work with your SRS contract negotiator to ensure the appropriate determination.

Award CharacteristicGrantsContractGift
SOURCE OF FUNDS
Funding provided by an individualX
Funding provided by governmental agencyXX
Funding provided by private (non-profit) entityXX
Funder remains anonymousX
PROCESS TO APPLY FOR FUNDS
Funds awarded in response to formal RFPXX
Faculty-defined scope of workXX
Funder-defined scope of workXX
FUNDER’S INTENT IN AWARDING FUNDS
Charitable purposeXXX
Funding an endowmentX
Funding a professorshipXXX
TERMS OF USE
Funds are revocable (may be returned)XXX
(if donor is a private foundation)
Funds are irrevocableX
Funds are restricted for a detailed purposeXXX
Funds are restricted for a high-level generic purposeX
Funds are unrestrictedX
Use of funds governed by funder guidelines/policiesXXX
Uniform Guidance (2 CFR 200) applicableX
Federal Acquisition Regulations (FAR) applicableX
Confidentiality of sponsored-provided informationXX
Certification and formal terms and conditionsXX
Use requires compliance office review (i.e., IRB, IACUC)XX
Specific period of performanceXXX
No specific period of performanceX
Prior approval required for budget, scope or date changesXX
Facilities & Administrative (Indirect) costsX
Actual cost reimbursementXX
Fixed fee reimbursementXX
Milestone reimbursementXX
Prepaid or payment scheduleXXX
Funder granted access to recordsXXX
Funder may audit expensesXX
University may terminate unilaterallyXX
Funder terminated unilaterallyXX
OUTCOMES GENERATED FROM USE OF FUNDS
Public benefitsXXX
Funder benefitsX
Outcomes uncertain/flexibleXXX
IP owned by system memberXXX
IP owned by funderXX
Publication encouragedXXX
Publication restrictedXX
Pre-publication review requiredXX
OBLIGATION TO FUNDER
Detailed financial and progress reportingXX
No financial or progress reportingX
System member must return unexpended fundsXX
System member negotiated re-allocation of unexpended fundsXX